A bit of news on the changing of the guard on the Board of Directors of the American Craft Spirits Association…
The American Craft Spirits Association (ACSA) today announces the appointment of Chris Montana, Owner of Du Nord Craft Spirits (MN), as the President of the Board of Directors, replacing Mark Shilling, who has served as the organization’s president since April 2017. Maggie Campbell, President of Privateer Rum (MA), has also been named as the organization’s Vice President and Colin Keegan of Santa Fe Spirits (NM) will serve as Secretary/Treasurer. Together, Montana, Campbell, and Keegan, who have served as key members of ACSA’s Board of Directors over the last year, and the newly-elected and re-elected Board of Directors will work with Executive Director Margie A.S. Lehrman to address the key issues facing the craft distilling industry. Read the rest of this entry
Last night, Senate Finance Committee Chairman Orrin Hatch (R-UT) released his Chairman’s markup of the long-awaited major tax reform proposal, which included a landmark provision to create tax fairness for the country’s 1,589 small, independent craft distillers. Current tax policy allows for a reduced excise tax rate for small producers of beer and wine, however, craft distillers are charged at the same rate as major corporate suppliers, creating a huge disparity within the industry.
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S. 236, the Craft Beverage Modernization and Tax Reform Act, re-introduced earlier this year by Sen. Ron Wyden (D-OR) and Sen. Roy Blunt (R-MN), has reached a landmark 50 co-sponsors in the Senate, with 28 Democrats, 21 Republicans and one Independent, representing a clear, bipartisan groundswell of support for tax parity. H.R. 747, the companion bill introduced by Rep. Erik Paulsen (R-MN) and Rep. Ron Kind (D-WI) in the U.S. House of Representatives, which reached a majority back in June, continues to rally support as well, with 278 co-sponsors as of today, which includes three new co-sponsors gained this week alone.
A bit of news from the American Craft Spirits Association
H.R. 747, the Craft Beverage Modernization and Tax Reform Act, re-introduced earlier this year by Rep. Erik Paulsen (R-MN) and Rep. Ron Kind (D-WI), has crossed the majority threshold in the U.S. House of Representatives, with more than 226 co-sponsors signed onto the bill, representing a clear, bipartisan majority in the U.S. House. The Senate, with a companion bill S. 236, introduced by Sen. Ron Wyden (D-OR) and Sen. Roy Blunt (R-MN) is just shy of a majority as well.