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- H.R.747
H.R.747: Craft Beverage Modernization and Tax Reform Act of 2017
About This Bill
- Introduced Jan. 30, 2017
- Latest Major Action Jan. 30, 2017
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
303 (133 Democrats, 170 Republicans)
Bill Version
- Introduced in House - Jan. 30, 2017
Bill Summary
Craft Beverage Modernization and Tax Reform Act of 2017 This bill amends the Internal Revenue Code, with respect to 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...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
---|---|
Jan. 30, 2017 |
Referred to the House Committee on Ways and Means.
|
Jan. 30, 2017 |
Introduced in the House by Erik Paulsen (R-Minn.) |