Idaho Senator Mike Crapo stopped by Sandpoint craft brewer Laughing Dog recently to discus Crapo’s support of S3339, a bill submitted by Senator John Kerry which aims at increasing jobs in the industry by cutting the Small Brewers Excise Tax Differential that small brewers currently pay on beer up to 60,000 bbls. He spoke with Laughing Dog founder and co-owner Fred Colby on what impact the bill would have on the business who, in 2009, brewed about 2,000 bbls of beer.
Colby figured that, currently, the bill would free up $6,000 - $7,000 a year, even more as his brewery grows.
Senator Crapo sees the bill helping local agriculture, as well. He explained to local journalists that as craft brewers grow, a halo effect occurs with local hop and malt suppliers who provide the breweries with ingredients.
“It would mean a lot [to] these businesses,” Crapo said. “It will help them grow and hire employees. Everyone would benefit.”
Read: Bill seeks to brew up business – bonnercountydailybee.com