Library / Laws / 116th / s / S. 3577 / Introduced in Senate
II
116th CONGRESS
2d Session
S. 3577
IN THE SENATE OF THE UNITED STATES
March 24, 2020Mr. 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.