Senator Wyden Introduces Craft Beverage Modernization And Tax Reform Act

US Senator Ron Wyden (D-Oregon) introduced on Monday the Craft Beverage Modernization and Tax Reform Act.

“Oregon’s economy earns significant benefits from the jobs and small business growth created by our state’s world-renowned craft beer, wine and spirits producers,” said Wyden, the top Democrat on the Senate Finance Committee, which oversees excise taxes and alcohol regulations.

“This bill would ensure these industries no longer face the unfair burdens of Prohibition-era rules and taxes,” said Wyden, co-chair of the Senate Bipartisan Small Brewers Caucus. “My targeted approach to modernizing outdated regulations aims to build on the strengths of Oregon’s craft brewers, vintners and distillers so they have every opportunity to keep creating new jobs and economic opportunity in every corner of our state.”

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