A bill to amend the Harmonized Tariff Schedule of the United States to provide a uniform 8-digit subheading number for all whiskies.
A bill to amend the Harmonized Tariff Schedule of the United States to provide a uniform 8-digit subheading number for all whiskies.
Plain Language Summary
# Summary of S 952 - Whiskey Tariff Bill This bill would create a single, standardized classification code for all whiskey products in the U.S. tariff system. Currently, different types of whiskey may fall under different tariff categories, potentially resulting in varying tax rates on imports.
The bill aims to simplify this by assigning one uniform 8-digit code to all whiskies, which would establish a consistent duty rate regardless of the whiskey's origin or type. The change would primarily affect whiskey importers, distilleries, and potentially consumers if tariff changes alter prices. It could impact both domestic American whiskey producers and foreign whiskey exporters (particularly from countries like Scotland and Ireland). The bill is sponsored by Senator Bill Cassidy (R-LA) and is currently under review in a Senate committee, meaning it has not yet been voted on by the full Congress.
CRS Official Summary
This bill revises Chapter 22 of the Harmonized Tariff Schedule of the United States to provide a uniform rate of duty for all whiskies.
Latest Action
Read twice and referred to the Committee on Finance.