Summary: To amend the Internal Revenue Code of 1986 to reform taxation of alcoholic beverages. Cosponsors
ANGIE CRAIG’S POSITION: Representative Craig cosponsored the bill on 3/25/19.
STATUS: Introduced 2/13/19 by Rep. Kind, Ron [D-WI-3].
ORGANIZATIONS IN SUPPORT OF THE BILL:
- The Craft Beverage Modernization and Tax Reform Act (CBMTRA) was reintroduced in the U.S. Senate today with strong support from a broad group of industry trade associations including the beer, wine, spirits, and cider sectors. (Source: Wine Industry Network)
- A permanent CBMTRA would extend the reduced excise taxes for brewers indefinitely, as well as simplify rules for ingredient approval and brewery collaboration. (Source: New York State Brewers Association)
- Leaders from the Brewers Association (BA), Beer Institute, WineAmerica, Wine Institute, Distilled Spirits Council, American Craft Spirits Association, and U.S. Association of Cider Makers agree that the legislation creates a more fair and equitable tax structure for beverage alcohol producers and their consumers. (Source: Fruit Growers News)