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- S.236
S.236: 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
56 (30 Democrats, 1 Independent Democrat, 25 Republicans)
Bill Version
- Introduced in Senate - 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 |
Read twice and referred to the Committee on Finance.
|
| Jan. 30, 2017 |
Introduced in the Senate by Ron Wyden (D-Ore.) |