Craft Beverage Modernization and Tax Reform Act of 2019
Latest action · Feb 6, 2019 Read twice and referred to the Committee on Finance.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedFeb 6, 2019
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Craft Beverage Modernization and Tax Reform Act of 2019
This bill modifies the tax treatment of certain alcoholic beverages to
- exclude the aging period from the production period for beer, wine, or distilled spirits for purposes of determining whether a taxpayer can expense, rather than capitalize, interest costs paid or incurred during the production period;
- reduce excise tax rates on beer and distilled spirits;
- permit the transfer of beer between bonded facilities without payment of tax;
- increase the amount of the small wine producer tax credit and expand the categories of producers covered by such credit;
- allow an adjustment to the producer credit for hard cider; and
- modify the alcohol content limitations that apply to certain wines for tax purposes.
The Department of the Treasury must amend applicable regulations with respect to the use of wholesome products suitable for human consumption in the production of fermented beverages.
The bill also increases funding for the Alcohol and Tobacco Tax and Trade Bureau.
Cosponsors 76
Members who signed on, in the order they did. Signatures ran from Feb 6, 2019 to Nov 18, 2020; 11 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-CO | Cory Gardner | Original | Feb 6, 2019 |
| D-MI | Debbie Stabenow | Original | Feb 6, 2019 |
| R-KS | Jerry Moran | Original | Feb 6, 2019 |
| D-CO | Michael F. Bennet | Original | Feb 6, 2019 |
| R-KS | Pat Roberts | Original | Feb 6, 2019 |
| R-OH | Rob Portman | Original | Feb 6, 2019 |
| D-PA | Robert P. Casey Jr. | Original | Feb 6, 2019 |
| R-MO | Roy Blunt | Original | Feb 6, 2019 |
| R-WV | Shelley Moore Capito | Original | Feb 6, 2019 |
| D-WI | Tammy Baldwin | Original | Feb 6, 2019 |
| D-DE | Thomas R. Carper | Original | Feb 6, 2019 |
| D-NH | Margaret Wood Hassan | Feb 7, 2019 | |
| R-AK | Dan Sullivan | Feb 12, 2019 | |
| D-MT | Jon Tester | Feb 13, 2019 | |
| D-OR | Jeff Merkley | Feb 14, 2019 | |
| R-IA | Joni Ernst | Feb 14, 2019 | |
| D-MN | Amy Klobuchar | Feb 25, 2019 | |
| D-WA | Maria Cantwell | Feb 25, 2019 | |
| D-WA | Patty Murray | Feb 25, 2019 | |
| D-IL | Richard J. Durbin | Feb 25, 2019 | |
| D-NV | Catherine Cortez Masto | Feb 26, 2019 | |
| D-MI | Gary C. Peters | Feb 26, 2019 | |
| R-WY | John Barrasso | Feb 26, 2019 | |
| R-GA | Johnny Isakson | Feb 26, 2019 | |
| I-AZ | Kyrsten Sinema | Feb 26, 2019 | |
| D-NH | Jeanne Shaheen | Feb 28, 2019 | |
| R-MO | Josh Hawley | Feb 28, 2019 | |
| R-AR | John Boozman | Mar 5, 2019 | |
| D-NM | Martin Heinrich | Mar 5, 2019 | |
| D-VT | Patrick J. Leahy | Mar 5, 2019 | |
| R-WI | Ron Johnson | Mar 5, 2019 | |
| R-MT | Steve Daines | Mar 5, 2019 | |
| R-NC | Thom Tillis | Mar 5, 2019 | |
| D-CA | Kamala D. Harris | Mar 7, 2019 | |
| D-NY | Kirsten E. Gillibrand | Mar 7, 2019 | |
| D-NJ | Cory A. Booker | Mar 13, 2019 | |
| R-AZ | Martha McSally | Mar 13, 2019 | |
| D-NM | Tom Udall | Mar 13, 2019 | |
| I-ME | Angus S. King Jr. | Mar 26, 2019 | |
| R-AK | Lisa Murkowski | Mar 26, 2019 | |
| D-NJ | Robert Menendez | Mar 26, 2019 | |
| D-IL | Tammy Duckworth | Mar 26, 2019 | |
| R-MS | Roger F. Wicker | Apr 1, 2019 | |
| D-DE | Christopher A. Coons | Apr 3, 2019 | |
| D-CA | Dianne Feinstein | Apr 10, 2019 | |
| R-TN | Marsha Blackburn | Apr 10, 2019 | |
| R-LA | Bill Cassidy | Apr 29, 2019 | |
| R-LA | John Kennedy | May 2, 2019 | |
| R-IN | Todd Young | May 7, 2019 | |
| D-HI | Mazie K. Hirono | May 13, 2019 | |
| D-CT | Richard Blumenthal | May 13, 2019 | |
| R-ME | Susan M. Collins | May 15, 2019 | |
| R-ID | James E. Risch | May 20, 2019 | |
| R-ND | John Hoeven | May 20, 2019 | |
| R-IN | Mike Braun | May 20, 2019 | |
| D-OH | Sherrod Brown | May 20, 2019 | |
| D-CT | Christopher Murphy | May 23, 2019 | |
| R-MS | Cindy Hyde-Smith | May 23, 2019 | |
| D-AL | Doug Jones | May 23, 2019 | |
| R-SD | Mike Rounds | May 23, 2019 | |
| D-NV | Jacky Rosen | Jun 3, 2019 | |
| R-ND | Kevin Cramer | Jun 3, 2019 | |
| R-NE | Deb Fischer | Jun 5, 2019 | |
| R-SC | Lindsey Graham | Jun 5, 2019 | |
| R-OK | James M. Inhofe | Jul 10, 2019 | |
| R-FL | Rick Scott | Jul 18, 2019 | |
| D-NY | Charles E. Schumer | Jul 30, 2019 | |
| D-MN | Tina Smith | Aug 1, 2019 | |
| R-PA | Patrick J. Toomey | Sep 10, 2019 | |
| R-KY | Rand Paul | Sep 17, 2019 | |
| R-FL | Marco Rubio | Oct 22, 2019 | |
| D-MD | Benjamin L. Cardin | Oct 24, 2019 | |
| D-MD | Chris Van Hollen | Oct 30, 2019 | |
| R-GA | Kelly Loeffler | Jul 21, 2020 | |
| R-AR | Tom Cotton | Oct 20, 2020 | |
| R-SC | Tim Scott | Nov 18, 2020 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Finance Committee | Referred Feb 6, 2019 |
Actions 2
Everything that happened, newest first.
- Feb 6, 2019Introduced in Senate
- Feb 6, 2019Read twice and referred to the Committee on Finance.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Printed hearings 1
Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.
| Number | Hearing | Committee | Held |
|---|---|---|---|
| S. Hrg. 116-497 | PRESIDENT'S 2020 TRADE POLICY AGENDA156 pages | Finance Committee | Jun 17, 2020 |
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 1175 | Craft Beverage Modernization and Tax Reform Act of 2019 | Identical bill | Feb 13, 2019 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to amend the Internal Revenue Code of 1986 to reform taxation of alcoholic beverages.
- Short Title(s) as Introduced
- Craft Beverage Modernization and Tax Reform Act of 2019
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Feb 6, 2019Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
