A bill to amend the Internal Revenue Code of 1986 to modify the cover over of certain distilled spirits taxes.

# S. 1938 Summary **What the Bill Would Do** This bill would change how federal taxes on distilled spirits (like rum, whiskey, and vodka) are distributed. Currently, a portion of these federal excise taxes are "covered over," or redirected, to certain U.S. territories.

This bill would modify those arrangements, though the specific changes aren't detailed in the available information. **Who It Affects** The bill primarily impacts U.S. territories that currently receive these tax revenues, as well as the distilled spirits industry and potentially consumers. It may also affect federal revenues available for other programs, depending on how the distribution changes. **Current Status** S. 1938 was introduced by Senator Bill Cassidy (R-LA) in the 119th Congress and is currently in committee, meaning it's under review but hasn't yet been voted on by the full Senate.