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Bills/119th Congress · House

H.R. 1378

Introduced

To amend the Internal Revenue Code of 1986 to extend the temporary increase in limitation on the cover over of distilled spirits taxes to Puerto Rico and the Virgin Islands.

Sponsor
RRon Estes· Kansas
Introduced
February 14, 2025
Policy area
Taxation
Latest action
Referred to the House Committee on Ways and Means.February 14, 2025

Plain-language analysis

Not yet analyzed.

A plain-language breakdown — including any hidden or off-intent provisions and whether the bill was fast-tracked — is generated separately and reviewed before publishing. It will appear here once ready. Until then, the verbatim text below and the official source are the record.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 1378 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 1378 To amend the Internal Revenue Code of 1986 to extend the temporary increase in limitation on the cover over of distilled spirits taxes to Puerto Rico and the Virgin Islands. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES February 14, 2025 Mr. Estes (for himself and Ms. Plaskett) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to extend the temporary increase in limitation on the cover over of distilled spirits taxes to Puerto Rico and the Virgin Islands. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. EXTENSION OF TEMPORARY INCREASE ON COVER OVER OF DISTILLED SPIRITS TAXES TO PUERTO RICO AND VIRGIN ISLANDS. (a) In General.--Section 7652(f)(1) of the Internal Revenue Code of 1986 is amended by striking ``January 1, 2022'' and inserting ``January 1, 2032''. (b) Effective Date.--The amendments made by this subsection shall apply to distilled spirits brought into the United States after December 31, 2021. <all>

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