American Craft Spirits Association announces board election results

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…

Senate Finance Committee tax reform proposal includes FET relief for craft distillers

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 Beverage Modernization Act now has 50 co-sponsors in Senate

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…

Craft Beverage Modernization Act Achieves House Majority

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…