A bill to amend the Internal Revenue Code of 1986 to provide a tax exemption for distilled spirits used for hand sanitizer.

Bill: 116-s-3577
Sponsor: full_name: Sen. Peters, Gary C. [D-MI]
Introduced: 2020-03-24
Policy area: Taxation
Latest action: action_date: 2020-03-24
text: Read twice and referred to the Committee on Finance.

Summaries:
action_date: 2020-03-24
action_desc: Introduced in Senate
text: <p>This bill exempts alcohol used for hand sanitizers from the distilled spirits excise tax. </p>

tv_txt: II 116th CONGRESS 2d Session S. 3577 IN THE SENATE OF THE UNITED STATES March 24, 2020 Mr. Peters (for himself, Mr. Blunt , and Mrs. Blackburn ) introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To amend the Internal Revenue Code of 1986 to provide a tax exemption for distilled spirits used for hand sanitizer.

1. Exemption from excise tax for alcohol used to produce hand sanitizer (a) In general Section 5214(a) of the Internal Revenue Code of 1986 is amended— (1) in paragraph (13), by striking the period at the end and inserting ; or , and (2) by adding at the end the following new paragraph: (14) free of tax for use in hand sanitizer. . (b) Effective date The amendments made by this section shall apply to distilled spirits removed after February 15, 2020.