Craft Beverage Modernization and Tax Reform Act

The Monthly Mash: December 2020

The Monthly Mash: December 2020

The Monthly Mash Volume 5.12 Member-Owned, Industry-Driven ACSA Mission: To elevate and advocate for the community of craft spirits producers. From the Desk of Margie A.S. Lehrman, Chief Executive Officer Dear Friends in the Industry: Entering our home basement storage area to gather the season’s decorations, I was startled...

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Craft Beverage Modernization and Tax Reform Act Passes in U.S. House of Representatives, Goes Before Senate, President

December 21, 2020 (Washington, D.C.) – Following approval in the U.S. House of Representatives tonight by a vote of 359/53, the Senate is now expected to vote on and pass the Craft Beverage Modernization and Tax Reform Act (CBMTRA) later tonight or early tomorrow. The President will then sign...

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CEOs of Major Beverage Alcohol Associations Send Letter to Congress Urging Immediate Passage of Craft Beverage Modernization and Tax Reform Act

– Struggling Craft Producers Face Significant Tax Hike if Congress Fails to Act by Year-End – WASHINGTON – Chief executive officers from eight major beverage alcohol associations sent a letter to Congressional leaders today urging immediate passage of the bipartisan Craft Beverage Modernization and Tax Reform Act, S. 362/H.R. 1175 (CBMTRA)...

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A STATEMENT FROM ACSA CEO MARGIE A.S. LEHRMAN & PRESIDENT BECKY HARRIS ON FEDERAL EXCISE TAX (FET) RELIEF

Washington, D.C. (December 1, 2020) — The American Craft Spirits Association (ACSA) applauds Sen. Ron Wyden (D-OR) and Sen. Rob Portman (R-OH), who sent an urgent letter to Senate Majority Leader Mitch McConnell and Minority Leader Charles Schumer today urging the passage of the Craft Beverage Modernization and Tax Reform Act (CBMTRA,...

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The Monthly Mash: November 2020

The Monthly Mash: November 2020

The Monthly Mash Volume 5.11 Member-Owned, Industry-Driven ACSA Mission: To elevate and advocate for the community of craft spirits producers. From the Desk of Margie A.S. Lehrman, Chief Executive Officer Dear Friends in Our Craft Spirits Community: With Thanksgiving in our rearview mirrors, I remain focused on gratitude. We...

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LAST CALL: December 1 Day of Action

November 30, 2020                          LAST CALL: December 1 Day of Action Planned to Urge Congressional Passage of Craft Beverage Modernization and Tax Reform Act Before Year-End Deadline WASHINGTON –  Leaders in the beverage alcohol sector are urging industry advocates across the nation to participate in a national Day of Action on December 1...

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Tax cut extension ‘imperative’ for US craft distillers

The monumental passing of the Craft Beverage Modernization and Tax Reform Act in 2017 marked the first time the US government reduced taxes for spirits producers of all sizes since the Civil War. The act, which was announced as part of president Donald Trump’s US$1.4 trillion tax reform bill,...

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The Monthly Mash: October 2020

The Monthly Mash: October 2020

The Monthly Mash Volume 5.10 Member-Owned, Industry-Driven ACSA Mission: To elevate and advocate for the community of craft spirits producers. From the Desk of Margie A.S. Lehrman, Chief Executive Officer Dear Friends in Our Craft Spirits Community: Entering my neighborhood recently, I passed a sign I must have seen...

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American Craft Spirits Association and Distilled Spirits Council Co-Host Annual Public Policy Conference September 15-16

WASHINGTON, D.C. – Distillers from across the country will gather virtually September 15-16 for the distilled spirits industry’s annual Public Policy Conference co-hosted by the American Craft Spirits Association (ACSA) and Distilled Spirits Council of the United States (DISCUS). Click here to register. “As our industry slowly and safely crawls back...

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Distillers, Relieved Over Extension Of Federal Tax Reductions, Promise To Fight To Make Them Permanent

Congress gave distillers a reprieve Thursday by voting to extend critical tax breaks to the spirits industry for one year. By passing one of two remaining spending packages by a vote of 71-23, senators affirmed a vote their House colleagues took Tuesday to let the Craft Beverage Modernization and...

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American Craft Spirits Association Toasts to Federal Excise Tax Reform Extension

For Media Inquiries: Alexandra S. Clough GATHER PR Alexandra@gatherpr.com 516.428.7210 American Craft Spirits Association Toasts to Federal Excise Tax Reform Extension Craft Distillers Earn Tax Parity for One More Year December 20, 2019 (Washington) – Following approvals in the U.S. House and Senate, today the President passed the Craft...

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U.S. SENATE PASSES FET EXTENSION FOR ONE YEAR TERM LEGISLATION SET TO CROSS PRESIDENT’S DESK BEFORE FRIDAY

For Media Inquiries: Alexandra S. Clough GATHER PR Alexandra@gatherpr.com 516.428.7210 U.S. SENATE PASSES FET EXTENSION FOR ONE YEAR TERM LEGISLATION SET TO CROSS PRESIDENT’S DESK BEFORE FRIDAY December 19, 2019 (Washington) – The U.S. Senate has passed a one-year extension of the Craft Modernization and Tax Reform Act (CMBTRA)...

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