Bubble Tax Modernization Act of 2024

House Bill 7029 - Bubble Tax Modernization Act of 2024: Overview, Status, and Impact

Hozzl · 2024-02-06T08:15:32Z

Explore the details of House Bill 7029 Bubble Tax Modernization Act of 2024 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

2/6/2024, 8:15 AM

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Current Status of Bill HR 7029

Bill HR 7029 is currently in the status of Bill Introduced since January 18, 2024. Bill HR 7029 was introduced during Congress 118 and was introduced to the House on January 18, 2024. Bill HR 7029's most recent activity was Referred to the House Committee on Ways and Means. as of January 18, 2024

Bipartisan Support of Bill HR 7029

Total Number of Sponsors

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Policy Area and Potential Impact of Bill HR 7029

Primary Policy Focus

Alternate Title(s) of Bill HR 7029

Bubble Tax Modernization Act of 2024

To amend the Internal Revenue Code of 1986 to remove the differentiation between mead and low alcohol by volume wine for purposes of the tax imposed on wines.