The United States Senate passed a sweeping tax reform bill early Saturday morning that includes a number of changes to the tax code and benefits alcohol producers. With a vote of 51-49 today, the Senate passed H.R. 1, the “Tax Cuts and Jobs Act,” which is the largest tax overhaul in 31 years and includes the Craft Beverage Modernization and Tax Reform Act (CBMTRA).
A majority of U.S. senate members now support legislation that would reduce excise taxes on all brewers and importers. According to a press release jointly produced by six beverage lobbying groups, including the Beer Institute and the Brewers Association, 51 senators have co-sponsored Senate Bill 236, known as the Craft Beverage Modernization and Tax Reform Act (CBMTRA).
The Brewers Association this week announced that it would no longer allow large brewing companies and brewery groups to purchase featured sponsorships at the Great American Beer Fest, held annually in Denver, Colorado.
In this week’s edition of Last Call: North Carolina brewers claim Anheuser-Busch receives favoritism from the state’s wholesalers; Fiddlehead opens a new production facility; the Brewers Association announces committee assignments; and more.
The Craft Beer Attorney Coalition (CBAC) is proud to announce that our Mississippi state member, Matthew McLaughlin of McLaughlin, PC and the Mississippi Brewers Guild was awarded the 2017 Brewers Association F.X. Matt Defense of the Craft Brewing Industry Award at the annual Craft Brewers Conference that took place April 11th-13th in Washington, D.C.