CRAFT BEVERAGE MODERNIZATION AND TAX REFORM ACT
As you may be aware, one of the most important pieces of federal legislation for our industry is currently being proposed in DC. The Craft Beverage Modernization and Tax Reform Act (HR 117/S.362) will make permanent a federal excise tax of $2.70 per proof gallon. If this legislation is not passed, the federal excise tax will increase 400% to $13.50 per proof gallon. Members of Congress return to Washington DC on September 1st. Now is the perfect time for you to send a letter to your member of Congress and US Senators explaining the importance of passing the Craft Beverage Modernization and Tax Reform Act.