HR 1883

112th CONGRESS
1st Session

H. R. 1883

To amend the Internal Revenue Code of 1986 to regulate the subsidies paid to rum producers in Puerto Rico and the Virgin Islands, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

May 12, 2011

Mr. PIERLUISI (for himself, Mr. ISSA, Mr. SERRANO, Ms. ROS-LEHTINEN, Mr. GRIMM, Mr. JONES, Mr. BURTON of Indiana, and Mr. YOUNG of Alaska) 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 regulate the subsidies paid to rum producers in Puerto Rico and the Virgin Islands, and for other purposes.

SECTION 1. SHORT TITLE.

SEC. 2. LIMITATION ON GOVERNMENT ASSISTANCE TO RUM PRODUCERS.

SEC. 3. MAXIMUM AND MINIMUM ALLOCATIONS OF RUM EXCISE TAXES BETWEEN PUERTO RICO AND THE VIRGIN ISLANDS.

SEC. 4. DENIAL OF COVER OVER FOR RUM REDISTILLED INTO CANE NEUTRAL SPIRITS.

SEC. 5. EFFECTIVE DATE.

END