"Great Beer = Good Jobs" - a photo on Flickriver

U.S. Senator Ben Cardin (Democrat, Maryland)
Floor of U.S. Senate
5 February 2015.

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▶ U.S. Senator Ben Cardin (D-Maryland) made the case, on the Senate floor, for S. 375, the Small BREW Act (Small Brewer Reinvestment and Expanding Workforce Act). "Great beer equals good jobs."

▶ Senator Susan Collins (R-Maine) followed Cardin with a succinct description of the bill and its benefits. "It's a jobs bill," she said.

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▶ "For purposes of freeing up capital for capital investment and wages at small and independent breweries," the Small BEER Act would:

☞ Reduce the excise tax on the first 60,000 bbl from $7 to $3.50 per bbl, for any brewery producing 6 million bbl/per year or less.

☞ If a brewery produces more than 60,000 bbls (but fewer than 6 million bbl), the rate would be $3.50 for the first 60,00 barrels, while after that, $16.00 (down from $18.00) per barrel up to 2 million barrels.

☞ Rate would remain $18/bbl for all breweries producing more than 2 million bbl/year.

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▶ More information
☞ See a C-SPAN video of the speech: here.
☞ See Small BREW Act compared with FAIR Beer Act: here.
☞ As of 6 February 2015, only a quarter of the Senate (25 senators) had signed on in support.

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▶ Image via C-SPAN.
▶ Uploaded by Yours For Good Fermentables.com.
▶ For a larger image, type 'L' (without the quotation marks).
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▶ Commercial use requires explicit permission, as per Creative Commons.

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Taken on: February 6, 2015

Tags:

craft beer business

beer business

government

beer « less

Sets appears in: • 2015.02_February Folderol

Groups appears in: • Views: 500 • Politics more » • Government • beers and blogs • Beer Planet • American Craft Beers « less

Stats: 549 views

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