FET Bill Update: “This Is the Train We Want to Ride”

The American Craft Spirits Association (ACSA) held a meeting this afternoon to provide a quick update on what's happening with the bills created to reduce the federal excise tax for the alcohol industry [see WSD 08-22-2017].You'll recall, the two identical bills (S.236 and H.R. 747) have majority support in both the House and Senate, so the plan is to get the so-called Craft Beverage Modernization and Tax Reform Act (CBMTRA) bills tucked into the larger tax reform package Congress is