To amend the Internal Revenue Code of 1986 to modify the cover over of certain distilled spirits taxes.

Bill 118 hr 3146, also known as the "Distilled Spirits Tax Reform Act," aims to make changes to the Internal Revenue Code of 1986 regarding the taxation of distilled spirits. The bill specifically focuses on modifying the cover over of certain distilled spirits taxes.

Currently, the federal government imposes taxes on distilled spirits, which are then distributed to states through a process known as the cover over. This bill seeks to adjust how these taxes are distributed to states, potentially impacting the revenue that states receive from these taxes.

The specifics of how the cover over of distilled spirits taxes will be modified are not explicitly outlined in the summary of the bill. However, it is clear that the bill aims to make changes to the current system in order to potentially benefit states in some way. Overall, Bill 118 hr 3146 is a piece of legislation that addresses the taxation of distilled spirits and seeks to modify the cover over of certain taxes. The exact details of these modifications are not provided in the summary, but it is clear that the bill could have significant implications for how states receive revenue from distilled spirits taxes.