Excise Tax Bills Reintroduced in Congress

The Craft Beverage Modernization and Tax Reform Act was reintroduced in both the Senate and House this week. You'll recall, the legislation was created to reduce the federal excise taxes for wineries, distilleries and breweries [see WSD 05-26-2015].The Senate version of the bill (S.236) was introduced by its original creator Senator Ron Wyden. He was joined by 11 other Senators on the new version of the bill - six Democrats and six Republicans as the original co-sponsors, according to the