To amend the Internal Revenue Code of 1986 to make permanent the increase in the cover over of tax on distilled spirits to Puerto Rico and the Virgin Islands.

Amends the Internal Revenue Code to make permanent the increase in the cover over of tax on distilled spirits to Puerto Rico and the Virgin Islands. Requires, for a five year period, the treasury of Puerto Rico to make a Conservation Trust Fund transfer within 30 days from the date of each cover over payment made during such period. Permits a good cause exception. Defines a Conservation Trust Fund transfer.