Amends the Foreign Trade Zones Act to authorize the manufacture of any article from denatured distilled spirits which have been withdrawn free of tax from a distilled spirits plant (currently, domestic denatured distilled spirits) in a foreign trade zone. Authorizes the use of any such spirits in the manufacture of medicines, medicinal preparation, food products, flavors, or flavoring extracts, which are unfit for beverage purposes, in such zone. Declares such products to be eligible for a drawback (refund) of taxes.
Introduced in Senate
Read twice and referred to the Committee on Finance.
Committee on Finance. Ordered to be reported without amendment favorably.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line