116 S2251 IS: Advancing Growth in the Economy through Distilled Spirits Act
U.S. Senate
2019-07-24
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EN
Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
1.This Act may be cited as the Advancing Growth in the Economy through Distilled Spirits Act
or the AGED Spirits Act
.
2.Production
period of distilled spirits
(a)Subparagraph (B) of section 263A(f)(4) of the Internal Revenue Code of 1986 is amended to read as follows:
(B)Clauses (i) and (ii) of subparagraph (A) shall not apply to interest costs paid or accrued after December 31, 2019..
(b)The amendment made by this section shall apply to interest costs paid or accrued after December 31, 2019.