H.R.3055 - A bill to amend certain provisions of the Internal Revenue Code of 1954 relating to distilled spirits.94th Congress (1975-1976)
|Sponsor:||Rep. Rostenkowski, Dan [D-IL-8] (Introduced 02/06/1975)|
|Committees:||House - Ways and Means | Senate - Finance|
|Committee Reports:||H.Rept 94-1200; S.Rept 94-1347|
|Latest Action:||Senate - 09/29/1976 Reported to Senate from the Committee on Finance with amendments, S. Rept. 94-1347. (All Actions)|
This bill has the status Passed House
Here are the steps for Status of Legislation:
- Passed House
Summary: H.R.3055 — 94th Congress (1975-1976)All Information (Except Text)
Introduced in House (02/06/1975)
Provides, under the Internal Revenue Code, for a drawback in the amount of taxes paid on wine or distilled spirits exported from the United States in bulk containers.
Authorizes the return of distilled spirits for storage (on bonded premises) pending withdrawal without payment of tax under this Act. Provides that no distilled spirits shall be withdrawn from bonded premises for exportation, or for transfer to a customs bonded warehouse for storage therein pending exportation, without payment of tax unless the exporter has furnished bond to cover such withdrawal.