WASHINGTON – Yesterday, U.S. Senators Roy Blunt (Mo.) and
Ron Wyden (Ore.) introduced legislation to help ensure the continued growth of
America’s craft beverage industry. The Craft Beverage Modernization and Tax
Reform Act would permanently establish reduced taxes and modernized regulations
for brewers, cider makers, vintners and distillers to further promote job
creation in each industry.
Missouri’s wine industry supports nearly 30,000
jobs and contributes $3.2
billion each year to the state’s economy. Missouri’s beer industry
is responsible for more than 57,000
direct and indirect jobs and nearly $3
billion in wages and benefits. Missouri’s spirit industry is
responsible for more than 26,000
jobs and contributes $1.9 billion
to the economy.
“The craft beverage industry is driven by small businesses that support
thousands of jobs and contribute billions in economic output,” Blunt said.
“This bill will remove tax and regulatory barriers that are making it harder
for Missouri’s brewers, distillers, and winemakers to grow and compete. I’m
encouraged by the strong, bipartisan support this measure had in the previous
Congress and look forward to working with our colleagues to get it to the
“People around the world enjoy Oregon wine, craft beer, cider and
spirits—providing not only a serious source of home state pride but also a huge
boon to our state’s economy,” Wyden said. “By modernizing burdensome
rules and taxes for craft beverage producers, this legislation will level the
playing field and allow these innovators to further grow and thrive.”
The Craft Beverage Modernization and Tax Reform Act is cosponsored by Senators
Tom Carper (Del.), Pat Roberts (Kan.), Debbie Stabenow (Mich.), Jerry Moran
(Kan.), Bob Casey (Pa.), Rob Portman (Ohio), Michael Bennet (Colo.), Shelley
Moore Capito (W.Va.), Tammy Baldwin (Wis.), and Cory Gardner (Colo.).