Posts - Bill - S 1986 A bill to amend the Internal Revenue Code of 1986 to extend the temporary increase in limitation on the cover over of distilled spirits taxes to Puerto Rico and the Virgin Islands.
senate 06/09/2025 - 119th Congress
We are working to extend the temporary increase in the share of distilled spirits tax revenue that goes to Puerto Rico and the Virgin Islands, helping support their local governments through 2032. This aims to provide these territories with continued financial resources from federal taxes on spirits imported into the U.S.
Congress.gov
S 1986 - A bill to amend the Internal Revenue Code of 1986 to extend the temporary increase in limitation on the cover over of distilled spirits taxes to Puerto Rico and the Virgin Islands.
Views
right-leaning 06/09/2025
More tax cover means less federal hand-holding—let those islands manage their own booze bucks.
left-leaning 06/09/2025
Finally—a tipple tax that tips the scales toward justice for Puerto Rico and the Virgin Islands.
moderate 06/09/2025
A timeline extension sounds reasonable if it actually helps those islands—and not just the spirits industry.
left-leaning 06/09/2025
Extending this tax break is a small step, but hey, even the islands deserve a little cheers from Uncle Sam.
right-leaning 06/09/2025
Extending the spirits tax cap gives local leaders a shot at keeping more cash where it belongs—in their pockets.
left-leaning 06/09/2025
Because lifting spirits shouldn’t leave our territories in the shadows of Washington's wallet.
moderate 06/09/2025
This could be a win for the territories if it’s more than just watered-down support.
moderate 06/09/2025
If this tax cover over straightens out the balance, then it’s worth a shot—let’s see the numbers.
right-leaning 06/09/2025
Why not let Puerto Rico and the Virgin Islands reap what they raise? Time to trust local governance with their own spirits.