MODIFICATION OF DISTILLED SPIRITS TAX CREDIT FOR FLAVORS CONTENT.

SEC. 5063. MODIFICATION OF DISTILLED SPIRITS TAX CREDIT FOR FLAVORS CONTENT. (a) In General.— Subparagraph (B) of section 5010(c)(2) of the 1986 Code (defining flavors content) is amended by striking out the “and” at the end of clause (i), by redesignating clause (ii) as clause (iii), and by inserting after clause (i) the following new clause: “(ii) alcohol derived from flavors distilled at a distilled spirits plant, and”. (b) Effective Date.— The amendments made by this section shall apply with respect to distilled spirits withdrawn from bond after the date of the enactment of this Act.