Articles Tagged with 'Government Affairs'

Pete Coors Calls on President Trump to End the Midwest Premium

Pete Coors Calls on President Trump to End the Midwest Premium

Molson Coors Brewing Co. chairman Pete Coors is grabbing headlines for the second consecutive week. Last Monday, Coors issued an “open letter” to the Brewers Association, chastising the trade group’s leaders over negative comments made about “big beer” during the annual Craft Brewers Conference. Now, Coors has scored himself an op-ed in the Wall Street Journal, and he’s turned his focus toward President Donald Trump and a recently imposed 10 percent tariff on imported aluminum.

FDA Menu-Labeling Requirements Finally Go into Effect

FDA Menu-Labeling Requirements Finally Go into Effect

The U.S. Food & Drug Administration’s new menu labeling rules took effect today, ushering in a new wave of requirements for chain retailers. Going forward, chain restaurants, grocery outlets, and convenience stores with more than 20 locations will be required to post caloric and nutritional information for beer as well as other food and drinks sold on-premise that are considered “standard menu items.”

Beverage Industry Trade Groups Fear Tariffs Will Cause Aluminum ‘Price Gouging’ as Brewers Face Increased Costs

Beverage Industry Trade Groups Fear Tariffs Will Cause Aluminum ‘Price Gouging’ as Brewers Face Increased Costs

Concerns over potential price gouging are mounting after President Donald Trump signed an executive order last Thursday to impose a 10 percent tariff on imported aluminum. In a letter sent yesterday to Secretary of Commerce Wilbur Ross, four beverage trade groups — the Beer Institute (BI), Brewers Association (BA), Can Manufacturers Association (CMI) and American Beverage Association — cited “major concerns about how the 10 percent tariff could cause price-gouging within aluminum markets.”

President Trump’s Aluminum Tariff Would Harm Beer Industry, Stakeholders Say

President Trump’s Aluminum Tariff Would Harm Beer Industry, Stakeholders Say

In a move that would have wide-ranging effects on the beer industry, President Donald Trump yesterday announced plans to implement a 10 percent tariff on imported aluminum. The move comes weeks after the Commerce Department recommended tariffs on aluminum and steel as a national security precaution, citing the nation’s inability to build military weapons without foreign steel and aluminum.

Congress Overhauls Tax Code, Gives Tax Breaks to Alcohol Producers

Congress Overhauls Tax Code, Gives Tax Breaks to Alcohol Producers

The U.S. Congress voted along party lines to pass the Republicans’ $1.5 trillion rewrite of the federal tax code, which includes two years of excise tax relief for alcohol producers and importers. The bill now heads to President Donald Trump, who is expected to sign it into law before the end of the week.

Tax Breaks for Alcohol Producers Included in Final Republican Tax Plan

Tax Breaks for Alcohol Producers Included in Final Republican Tax Plan

Members of the U.S. Senate and House of Representatives agreed over the weekend on a sweeping rewrite of the U.S. tax code that will include excise tax relief for alcohol producers and importers. The Craft Beverage Modernization and Tax Reform Act (CBMTRA) survived a conference committee of the House and Senate and will be included in the final version of the Tax Cuts and Jobs Act. The bill will now receive a final congressional vote — the Senate could vote as early as Tuesday — before advancing to President Donald Trump’s desk for approval.

US Senate Passes Tax Bill, Approves Tax Breaks for Booze Makers

US Senate Passes Tax Bill, Approves Tax Breaks for Booze Makers

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).

Proposed Senate Tax Bill Would Benefit Brewers

Proposed Senate Tax Bill Would Benefit Brewers

For the first time ever, beer excise tax reductions have been included in a comprehensive federal tax reform proposal. On Tuesday night, U.S. Senate Finance Committee chairman Orrin Hatch (R-Utah) released a “Chairman’s Mark” to the Senate GOP’s version of the Tax Cuts and Jobs Act.

FDA Offers Additional Guidance on Menu Labeling

FDA Offers Additional Guidance on Menu Labeling

The U.S. Food & Drug Administration (FDA) released its latest draft guidance for calorie-posting requirements on Tuesday, offering additional clarification for establishments in which alcoholic beverages are a regular part of menus.

North Carolina Guild Taps New Belgium Government Affairs Director as Exec Director

North Carolina Guild Taps New Belgium Government Affairs Director as Exec Director

The North Carolina Craft Brewers Guild has hired Andrew Lemley as the organization’s new executive director. Lemley comes to the Guild from New Belgium Brewing Company, where he most recently served for the last four years as the Fort Collins-headquartered brewery’s government affairs representative.

The Majority of US Senators Now Endorse Beer Excise Tax Reform

The Majority of US Senators Now Endorse Beer Excise Tax Reform

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).