S. 1459 — Introduced in Senate

II 114th CONGRESS 1st Session S. 1459 IN THE SENATE OF THE UNITED STATES May 22, 2015Mr. Schumer (for himself, Ms. Collins, Mr. Leahy, Mr. Merkley, Mrs. Shaheen, and Mr. Manchin) 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 modify the types of wines taxed as hard cider. 1. Short title This Act may be cited as the Cider Investment and Development through Excise Tax Reduction (CIDER) Act. 2. Modification of definition of hard cider (a) In general Section 5041 of the Internal Revenue Code of 1986 is amended by adding at the end the following new subsection: (g) Hard cider For purposes of subsection (b)(6), the term hard cider means a wine— (1) containing not more than 0.64 gram of carbon dioxide per hundred milliliters of wine, except that the Secretary may by regulations prescribe such tolerances to this limitation as may be reasonably necessary in good commercial practice, (2) which is derived primarily from— (A) apples, apple juice concentrate, pears, or pear juice concentrate, and (B) water, (3) which contains no fruit product or fruit flavoring other than apple or pear, and (4) which contains at least one-half of 1 percent and less than 8.5 percent alcohol by volume. . (b) Conforming amendment Paragraph (6) of section 5041(b) of such Code is amended by striking which is a still wine and all that follows through alcohol by volume. (c) Effective date The amendments made by this section shall apply to articles removed during calendar years beginning after December 31, 2015.