REFUND OF TAX TO WINE RETURNED TO BOND NOT LIMITED TO UNMERCHANTABLE WINE.

SEC. 1416. REFUND OF TAX TO WINE RETURNED TO BOND NOT LIMITED TO UNMERCHANTABLE WINE. (a) In General.—Section 5044(a) (relating to refund of tax on unmerchantable wine) is amended by striking “as unmerchantable”. (b) Conforming Amendments.— (1) Section 5361 is amended by striking “unmerchantable”. (2) The section heading for section 5044 is amended by striking “unmerchantable”. (3) The item relating to section 5044 in the table of sections for subpart C of part I of subchapter A of chapter 51 is amended by striking “unmerchantable”. (c) Effective Date.—The amendments made by this section shall take effect on the 1st day of the 1st calendar quarter that begins at least 180 days after the date of the enactment of this Act.