Federal Tax Code Modifications Benefiting The U.S. Beer Industry Are Gaining Momentum In Congress

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Brewers Association Press Release

Bipartisan Majority of Representatives and Senators Back Craft Beverage Modernization and Tax Reform Act

WASHINGTON, DC – Support for the Craft Beverage Modernization and Tax Reform Act (H.R. 1175/ S.362/) continues to build momentum with 218 members of the United States House of Representatives and 65 members of the Senate supporting the bipartisan legislation.

 

 

Introduced by Representatives Ron Kind (D-WI) and Mike Kelly (R-PA) and Senators Ron Wyden (D-OR) and Roy Blunt (R-MO), the legislation will make permanent reforms enacted in 2017 that create a fair and equitable tax structure for brewers, winemakers, distillers and importers of all beverage alcohol.

The support for the legislation by the majority of the House and Senate was celebrated by a coalition of alcohol trade associations including the Brewers Association, Beer Institute, Distilled Spirits Council of the United States, American Craft Spirits Association, Wine Institute, WineAmerica and the United States Association of Cider Makers.

“America’s small and independent craft brewers are proud of the strong bipartisan and bicameral support the Craft Beverage Modernization and Tax Reform Act has received from the United States Congress,”said Bob Pease, president and CEO of the Brewers Association. “The craft brewing industry can be found in nearly every Congressional District in the U.S. and contributes more than 500,000 jobs, including an additional 15,000 directly added at small breweries just last year, showcasing the positive momentum supported by the temporary provisions.  The industry is responsible for contributing more than $76.2 billion to the U.S. economy and is a success story for American industry. Our champions in Congress see our passion, determination and success, and want to foster and be part of our growth. We are grateful for the support from all those who have co-sponsored this important legislation and are hopeful that it can be enacted this year.”

About The Brewers Association

The Brewers Association (BA) is the not-for-profit trade association dedicated to small and independent American brewers, their beers and the community of brewing enthusiasts. The BA represents 4,800-plus U.S. breweries. The BA’s independent craft brewer seal is a widely adopted symbol that differentiates beers by small and independent craft brewers. The BA organizes events including the World Beer Cup®,Great American Beer Festival®, Craft Brewers Conference® & BrewExpo America®, SAVORTM: An American Craft Beer & Food Experience, Homebrew ConTM, National Homebrew Competition and American Craft Beer Week®. The BA publishes The New Brewer® magazine, and Brewers PublicationsTM is the leading publisher of brewing literature in the U.S.

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