I just got a response from my congressman. It looks like they want to drive tax reform through this bill. Here is what he stated to me:
June 13, 2016
Dear Mr. Bassett,
Thank you for contacting my office regarding H.R. 2903, the Craft Beverage Modernization Act. As your Representative in Congress, I appreciate your input on this issue.
As you may know, the current federal excise tax on craft beer is $18 dollars per barrel for most brewers, with a reduced rate of $7 per barrel on the first 60,000 barrels for brewers who produce less than two million barrels annually.
In June 2015, Rep. Eric Paulsen (R-MN) introduced H.R. 2903, the Craft Beverage Modernization Act. This legislation would reduce the federal excise tax to $3.50 per barrel on the first 60,000 barrels for domestic brewers producing less than two million barrels annually, and to $16 per barrel on the first six million barrels produced annually for all other brewers and importers.
H.R. 2903 also exempts most brewers from bi-weekly filing requirements. Craft breweries are small businesses that should not be targeted by unnecessary federal regulation. You will be pleased to know I am a cosponsor of this legislation, which will reduce burdens on the craft brewing industry.
Currently, H.R. 2903 has been referred to the House Committees on Ways and Means and Budget. Recently, the House passed the Protecting Americans from Tax Hikes (PATH) Act, which made a number of tax credits important to families and businesses across the country permanent. In addition to this legislation, I hope Congress will consider comprehensive tax reform. Any tax reform package should simplify the code to make compliance less burdensome while also lowering tax rates, broadening the base, and eliminating special interest and poorly-performing tax incentives. I will continue to monitor H.R. 2903, and look forward to supporting this legislation should it come to the House floor for a vote.
Again, thank you for contacting my office. Please continue to keep me informed on the issues that are important to you. For more information on my work in Congress, or to sign up to receive my e-newsletter, please visit my website at:
http://gibbs.house.gov" onclick="window.open(this.href);return false;" rel="nofollow.
Sincerely,
Bob Gibbs
Member of Congress