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).
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.
In this week’s Last Call: Utah considers revising 3.2 laws; Golden Road rethinks its proposed Oakland beer garden; ex-New Belgium brewmaster’s Purpose Brewing & Cellars sets grand opening; and more.
Craft beer manufacturers are attacking Wisconsin wholesalers over a legislative push to draw stricter boundaries among the three tiers of the state’s alcohol industry.
In the latest Legislative Update: Virginia wants Maryland breweries to move in; Indiana forms a task force to review liquor laws; Oklahoma considers Sunday sales; and much more.