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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.

7/4/2025, 7:48 PM

Summary of Bill S 1986

This bill, introduced in the 119th Congress, aims to amend the Internal Revenue Code of 1986 to prolong the temporary increase in the limitation on the cover over of distilled spirits taxes to Puerto Rico and the Virgin Islands.

Read the Full Bill

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Current Status of Bill S 1986

Bill S 1986 is currently in the status of Bill Introduced since June 9, 2025. Bill S 1986 was introduced during Congress 119 and was introduced to the Senate on June 9, 2025.  Bill S 1986's most recent activity was Read twice and referred to the Committee on Finance. as of June 9, 2025

Bipartisan Support of Bill S 1986

Total Number of Sponsors
6
Democrat Sponsors
0
Republican Sponsors
6
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 1986

Primary Policy Focus

Taxation

Alternate Title(s) of Bill S 1986

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.
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.

Comments

Alice Weiss profile image

Alice Weiss

1,168

1 year ago

I like it. It good for me. #UnitedStatesSBill1986 #taxes #PuertoRico #VirginIslands

Emelia Barbee profile image

Emelia Barbee

1,097

1 year ago

I don't see why they're extending the cover over of distilled spirits taxes to Puerto Rico and the Virgin Islands. It just seems like a waste of time and resources. This bill is not something I support at all. #politics #taxes #disagreement

Sponsors and Cosponsors of S 1986

Bill Cassidy
Bill Cassidy
LouisianaRepublican

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