Craft Beverage Modernization and Tax Reform Act September Update

The Craft Beverage Modernization and Tax Reform Act (S.236/H.R.747) was reintroduced in both chambers of the 115th Congress. Sponsors total 48 in the U.S. Senate and 262 in the U.S. House of Representatives. Specific tax provisions of the bill include: reducing the federal excise tax to $3.50 per barrel on the first 60,000 barrels for domestic brewers producing fewer than 2 million barrels annually; reducing the federal excise tax to $16 per barrel on the first 6 million barrels for all other brewers and all beer importers; keeping the excise tax at the current $18 per barrel rate for barrelage over 6 million.
S. The Craft Modernization and Tax Reform Act would also ease a number of burdens for brewers, including simplifying label approvals and repealing unnecessary inventory restrictions.

Links

  1. S. 236
  2. H.R. 747

Pete Johnson serves as the State & Regulatory Affairs Manager for the Brewers Association. He joined the BA at its inception in 2005, having previously worked as Programs Director for the Brewers Association of America. Before coming to the small brewing industry in 2001, Pete worked for 14 years with both state and federal elected officials in Pennsylvania and Washington, D.C.

See Pete Johnson's recent articles and activities