US HB747 | 2017-2018 | 115th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on January 30 2017 - 25% progression, died in committee
Action: 2017-01-30 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

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 distilled spirits; modify the small wine producer tax credit to increase the amount of the credit, expand the producers that are covered, and specify an adjustment for hard cider; modify the alcohol content limitations that apply to certain wines for tax purposes; specify definitions for "mead" and "low alcohol by volume wine;" modify requirements for records, statements, and returns for certain breweries; and permit the transfer of beer between bonded facilities without payment of tax. 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.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Craft Beverage Modernization and Tax Reform Act of 2017

Sponsors

Rep. Erik Paulsen [R-MN]Rep. Ron Kind [D-WI]Rep. Patrick McHenry [R-NC]Rep. Peter DeFazio [D-OR]
Rep. Patrick Tiberi [R-OH]Rep. Earl Blumenauer [D-OR]Rep. David Reichert [R-WA]Rep. Mike Thompson [D-CA]
Rep. Dan Newhouse [R-WA]Rep. Chellie Pingree [D-ME]Rep. Mike Kelly [R-PA]Rep. Tom Emmer [R-MN]
Rep. Mark Amodei [R-NV]Rep. Danny Davis [D-IL]Rep. Suzan DelBene [D-WA]Rep. James Renacci [R-OH]
Rep. Patrick Meehan [R-PA]Rep. Eleanor Norton [D-DC]Sen. Kevin Cramer [R-ND]Rep. Ken Buck [R-CO]
Rep. Bill Pascrell [D-NJ]Rep. Jim Banks [R-IN]Rep. Kurt Schrader [D-OR]Rep. Tom Rice [R-SC]
Rep. Ken Calvert [R-CA]Rep. Stevan Pearce [R-NM]Rep. Blake Farenthold [R-TX]Sen. Peter Welch [D-VT]
Rep. David Loebsack [D-IA]Rep. Steve Chabot [R-OH]Rep. Randy Hultgren [R-IL]Rep. John Garamendi [D-CA]
Rep. Leonard Lance [R-NJ]Rep. Carlos Curbelo [R-FL]Rep. Michael Turner [R-OH]Rep. Jason Lewis [R-MN]
Rep. Richard Hudson [R-NC]Rep. Thomas MacArthur [R-NJ]Rep. Juan Vargas [D-CA]Rep. Charles Dent [R-PA]
Rep. Ann Wagner [R-MO]Rep. Diana DeGette [D-CO]Rep. Albio Sires [D-NJ]Rep. Scott Tipton [R-CO]
Rep. Suzanne Bonamici [D-OR]Rep. Warren Davidson [R-OH]Rep. Chris Collins [R-NY]Rep. John Faso [R-NY]
Rep. Brad Wenstrup [R-OH]Rep. Scott Peters [D-CA]Rep. Bonnie Coleman [D-NJ]Rep. Rodney Davis [R-IL]
Rep. Joyce Beatty [D-OH]Rep. Brian Mast [R-FL]Rep. David Joyce [R-OH]Rep. Brian Higgins [D-NY]
Rep. John Yarmuth [D-KY]Rep. Barbara Comstock [R-VA]Rep. Robert Scott [D-VA]Rep. Julia Brownley [D-CA]
Rep. Doug Lamborn [R-CO]Rep. Tom Marino [R-PA]Rep. Richard Nolan [D-MN]Rep. Salud Carbajal [D-CA]
Rep. Linda Sanchez [D-CA]Rep. George Holding [R-NC]Rep. Gene Green [D-TX]Rep. Bob Gibbs [R-OH]
Rep. Bill Huizenga [R-MI]Rep. Robert Wittman [R-VA]Rep. Darrell Issa [R-CA]Rep. Frank LoBiondo [R-NJ]
Rep. John Larson [D-CT]Rep. Frank Pallone [D-NJ]Sen. Jacky Rosen [D-NV]Rep. Mike Gallagher [R-WI]
Rep. Liz Cheney [R-WY]Rep. Michael Doyle [D-PA]Rep. Louise Slaughter [D-NY]Rep. Christopher Smith [R-NJ]
Rep. Donald Norcross [D-NJ]Rep. Jared Polis [D-CO]Rep. Tim Walberg [R-MI]Rep. Mike Quigley [D-IL]
Rep. Steve Womack [R-AR]Rep. Tim Ryan [D-OH]Rep. Marcia Fudge [D-OH]Rep. Jackie Walorski [R-IN]
Sen. Ben Lujan [D-NM]Rep. Pete Aguilar [D-CA]Rep. Rodney Frelinghuysen [R-NJ]Rep. David Valadao [R-CA]
Rep. Mark Sanford [R-SC]Rep. Roger Williams [R-TX]Rep. Elise Stefanik [R-NY]Rep. Peter King [R-NY]
Rep. Don Young [R-AK]Rep. Eric Swalwell [D-CA]Rep. Ann Kuster [D-NH]Rep. John Rutherford [R-FL]
Rep. Bill Johnson [R-OH]Rep. Mark Pocan [D-WI]Rep. Debbie Dingell [D-MI]Rep. Daniel Kildee [D-MI]
Rep. John Conyers [D-MI]Rep. Duncan Hunter [R-CA]Rep. Robert Latta [R-OH]Rep. Don Beyer [D-VA]
Rep. Edward Royce [R-CA]Rep. Doug LaMalfa [R-CA]Rep. Michelle Lujan Grisham [D-NM]Rep. Devin Nunes [R-CA]
Rep. Grace Napolitano [D-CA]Rep. Paul Cook [R-CA]Rep. Mo Brooks [R-AL]Rep. Paul Gosar [R-AZ]
Rep. John Shimkus [R-IL]Rep. Norma Torres [D-CA]Rep. Jeff Duncan [R-SC]Rep. Nydia Velazquez [D-NY]
Rep. Ted Lieu [D-CA]Sen. Marsha Blackburn [R-TN]Rep. Marcy Kaptur [D-OH]Rep. Claudia Tenney [R-NY]
Rep. Scott Perry [R-PA]Rep. Bennie Thompson [D-MS]Rep. David McKinley [R-WV]Rep. Stephen Lynch [D-MA]
Sen. Kyrsten Sinema [I-AZ]Rep. Donald Payne [D-NJ]Rep. Steven Palazzo [R-MS]Rep. David Cicilline [D-RI]
Rep. Jaime Herrera Beutler [R-WA]Rep. Lynn Jenkins [R-KS]Rep. Susan Davis [D-CA]Rep. Katherine Clark [D-MA]
Rep. Andy Harris [R-MD]Rep. Mike Coffman [R-CO]Rep. Jamie Raskin [D-MD]Rep. Greg Walden [R-OR]
Rep. Al Lawson [D-FL]Rep. Gwen Moore [D-WI]Rep. Sean Duffy [R-WI]Rep. Doug Collins [R-GA]
Rep. Collin Peterson [D-MN]Rep. Garland Barr [R-KY]Rep. Joe Courtney [D-CT]Rep. John Culberson [R-TX]
Rep. Fred Upton [R-MI]Rep. John Moolenaar [R-MI]Rep. Martha Roby [R-AL]Rep. Don Bacon [R-NE]
Rep. Lloyd Smucker [R-PA]Rep. Jose Serrano [D-NY]Rep. Doris Matsui [D-CA]Rep. Mark Takano [D-CA]
Rep. Robert Brady [D-PA]Rep. Cathy McMorris Rodgers [R-WA]Rep. Scott DesJarlais [R-TN]Rep. Bruce Poliquin [R-ME]
Rep. Luis Correa [D-CA]Rep. Trent Kelly [R-MS]Rep. Jason Smith [R-MO]Rep. Tony Cardenas [D-CA]
Rep. Steve Stivers [R-OH]Rep. Betty McCollum [D-MN]Rep. Jeff Denham [R-CA]Rep. Alcee Hastings [D-FL]
Rep. Jim Jordan [R-OH]Rep. Mark DeSaulnier [D-CA]Rep. Kenny Marchant [R-TX]Rep. Dennis Ross [R-FL]
Rep. David Young [R-IA]Rep. Ted Poe [R-TX]Rep. Cedric Richmond [D-LA]Rep. Mac Thornberry [R-TX]
Rep. Mark Meadows [R-NC]Rep. Sean Maloney [D-NY]Rep. Brett Guthrie [R-KY]Rep. James Sensenbrenner [R-WI]
Rep. Ted Yoho [R-FL]Rep. Paul Mitchell [R-MI]Rep. Stephen Knight [R-CA]Rep. Keith Rothfus [R-PA]
Rep. Carol Shea-Porter [D-NH]Rep. Ed Perlmutter [D-CO]Rep. Barry Loudermilk [R-GA]Rep. David Trott [R-MI]
Rep. Steve Cohen [D-TN]Rep. Ryan Costello [R-PA]Rep. Mike Bost [R-IL]Rep. Darin LaHood [R-IL]
Rep. Jim Costa [D-CA]Rep. John Katko [R-NY]Rep. Steve King [R-IA]Rep. James McGovern [D-MA]
Rep. Gregory Meeks [D-NY]Rep. Eddie Johnson [D-TX]Rep. Ileana Ros-Lehtinen [R-FL]Rep. Lacy Clay [D-MO]
Rep. Brian Babin [R-TX]Rep. Michael Simpson [R-ID]Rep. Thomas Rooney [R-FL]Rep. Bill Shuster [R-PA]
Rep. Susan Brooks [R-IN]Rep. Marc Veasey [D-TX]Rep. Sam Graves [R-MO]Rep. Alan Lowenthal [D-CA]
Rep. C.A. Ruppersberger [D-MD]Rep. Eric Crawford [R-AR]Rep. Bradley Byrne [R-AL]Rep. Lee Zeldin [R-NY]
Rep. Sheila Jackson-Lee [D-TX]Rep. Robin Kelly [D-IL]Rep. Adam Kinzinger [R-IL]Rep. Mike Bishop [R-MI]
Rep. Filemon Vela [D-TX]Rep. David Rouzer [R-NC]Rep. Niki Tsongas [D-MA]Rep. Paul Tonko [D-NY]
Rep. Daniel Donovan [R-NY]Rep. Joseph Kennedy [D-MA]Rep. Earl Carter [R-GA]Rep. Daniel Lipinski [D-IL]
Rep. Jack Bergman [R-MI]Rep. Pete Olson [R-TX]Rep. Bobby Rush [D-IL]Rep. Tom Reed [R-NY]
Rep. Timothy Walz [D-MN]Rep. Lou Barletta [R-PA]Rep. Thomas Garrett [R-VA]Rep. Blaine Luetkemeyer [R-MO]
Rep. Bill Flores [R-TX]Rep. Tom Cole [R-OK]Rep. Glenn Thompson [R-PA]Rep. Sanford Bishop [D-GA]
Rep. Dina Titus [D-NV]Rep. Gus Bilirakis [R-FL]Rep. Pete Sessions [R-TX]Rep. Tom O'Halleran [D-AZ]
Rep. Josh Gottheimer [D-NJ]Rep. Kevin Yoder [R-KS]Sen. Roger Marshall [R-KS]Rep. Will Hurd [R-TX]
Sen. Martha McSally [R-AZ]Rep. James Comer [R-KY]Rep. Brian Fitzpatrick [R-PA]Rep. Scott Taylor [R-VA]
Rep. Mike D. Rogers [R-AL]Rep. Zoe Lofgren [D-CA]Rep. James Himes [D-CT]Rep. Brendan Boyle [D-PA]
Rep. John Ratcliffe [R-TX]Rep. Darren Soto [D-FL]Rep. Kay Granger [R-TX]Rep. Maxine Waters [D-CA]
Rep. Sam Johnson [R-TX]Rep. Lisa Rochester [D-DE]Rep. Andy Biggs [R-AZ]Rep. Donald McEachin [D-VA]
Rep. Carolyn Maloney [D-NY]Rep. Nanette Barragan [D-CA]Rep. Brenda Lawrence [D-MI]Rep. Elizabeth Esty [D-CT]
Rep. Billy Long [R-MO]Rep. Robert Pittenger [R-NC]Rep. Rod Blum [R-IA]Rep. Randy Weber [R-TX]
Rep. Kathleen Rice [D-NY]Rep. Charlie Crist [D-FL]Rep. Glenn Grothman [R-WI]Rep. Frederica Wilson [D-FL]
Rep. Vicente Gonzalez [D-TX]Rep. Henry Johnson [D-GA]Rep. Eliot Engel [D-NY]Rep. Trey Gowdy [R-SC]
Rep. Bradley Schneider [D-IL]Rep. Tom Graves [R-GA]Rep. James Langevin [D-RI]Rep. Thomas Suozzi [D-NY]
Rep. Derek Kilmer [D-WA]Rep. Stephanie Murphy [D-FL]Rep. Cheri Bustos [D-IL]Rep. Colleen Hanabusa [D-HI]
Rep. Vern Buchanan [R-FL]Rep. David Kustoff [R-TN]Rep. Drew Ferguson [R-GA]Rep. Ron DeSantis [R-FL]
Rep. Diane Black [R-TN]Rep. Jimmy Panetta [D-CA]Rep. Jackie Speier [D-CA]Rep. Ralph Norman [R-SC]
Rep. Adriano Espaillat [D-NY]Rep. French Hill [R-AR]Rep. Val Demings [D-FL]Rep. Todd Rokita [R-IN]
Rep. Matt Gaetz [R-FL]Rep. Dana Rohrabacher [R-CA]Rep. Jimmy Gomez [D-CA]Rep. Larry Bucshon [R-IN]
Rep. Raul Ruiz [D-CA]Rep. Pramila Jayapal [D-WA]Rep. Dwight Evans [D-PA]Rep. Alma Adams [D-NC]

History

DateChamberAction
2017-01-30HouseReferred to the House Committee on Ways and Means.
2017-01-30HouseIntroduced in House

Same As/Similar To

HB1126 (Related) 2017-02-16 - Referred to the House Committee on Ways and Means.
SB236 (Same As) 2017-01-30 - Read twice and referred to the Committee on Finance.
SB429 (Related) 2017-02-16 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1307)

Subjects


US Congress State Sources


Bill Comments

feedback