Massachusetts legislators come to aid of small brewers
With budgets and taxes on everyone’s mind in Washington, D.C. and elsewhere, I’d like to congratulate two of our Massachusetts legislators – as well as several others from both parties – for introduction of a bill that will help small brewers.
U.S. Sen. John F. Kerry, D-Mass., and U.S. Sen. Mike Crapo, R-Idaho, introduced Senate bill, S. 534, which would reduce the small brewer tax rate on the first 60,000 barrels by 50 percent (from $7 to $3.50/barrel) and institute a new rate of $16 per barrel on beer production above 60,000 barrels up to 2 million barrels.
Breweries with an annual production of 6 million barrels or less would qualify for these tax reductions.
“Small brewers have been growing and creating jobs ever since the craft beer revolution began,” Kerry said y. “Today there are over 40 small breweries in Massachusetts and 1,700 across the country, and this bill will help ensure that these small businesses keep people on the payroll and create jobs even during tight economic times.”
But our senior senator wasn’t the only Bay State legislator getting in on this act.
Over in the other chamber, U.S. Rep. Richard E. Neal, D-Springfield, and his Republican colleague from Pennsylvania, Rep. Jim Gerlach, introduced H.R. bill 1236, known as the Small Brewer Reinvestment and Expanding Workforce Act (Small BREW Act). This bill mirrors the Senate one in reducing tax rates for small brewers.
“Small craft brewers are growing, creating jobs and contributing in small and big ways to the recovery of the American economy,” said Charlie Papazian, president of the Brewers Association. “The bipartisan effort by Congressmen Gerlach and Neal is a strong message most Americans will raise a toast to and is indicative of the grassroots community spirit with which Americans are embracing to work towards economic recovery and sustain it for the future.”
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