Summary

To amend the Internal Revenue Code of 1986 to reduce the rate of tax on distilled spirits produced by small producers. Read More

Status

This bill was introduced on Feb 17, 2011, in a previous session of Congress, but was not passed.

Bill Text

A BILL

To amend the Internal Revenue Code of 1986 to reduce the rate of tax on distilled spirits produced by small producers.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Small Distillery Excise Tax Act of 2011''.

SEC. 2. REDUCED RATE OF TAX ON DISTILLED SPIRITS PRODUCED BY SMALL PRODUCERS.

(a) In General.--Section 5001 of the Internal Revenue Code of 1986 (relating to imposition, rate, and attachment of tax on distilled spirits) is amended by redesignating subsection (c) as subsection (d) and by inserting after subsection (b) the following new subsection: ``(c) Credit for Small Producers.-- ``(1) Allowance of credit.--In the case of a small distilled spirits producer, there shall be allowed as a credit against the tax imposed by this title (other than chapters 2, 21, and 22) an amount equal to 80 percent of the otherwise applicable tax on the first 65,000 of proof gallons of distilled spirits produced by such producer during the calendar year at qualified facilities in the United States. ``(2) Small distilled spirits producer.--For purposes of this subsection, the term `small distilled spirits producer' means any person who produces not more than 100,000 proof gallons of distilled spirits during the calendar year. ``(3) Time for determining and allowing credit.--The credit allowable by paragraph (1)-- ``(A) shall be determined at the same time the tax is determined under subsection (a), and ``(B) shall...

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Sentiment Map

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Nation

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0 Opposing
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State: CA

1 Supporting
0 Opposing
100% 0%

District: 1st

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Popularity Trend

Organizations Supporting

Passage of HR 777 will allow small American craft distillers the opportunity to grow, supporting local farms and communities through the purchase of goods and services, hiring of local employees, increasing economic development and tourism dollars, and most importantly - supplying unique, high-quality, local adult beverages.

Organizations Opposing

No organizations opposing yet.

Users Supporting

I support H.R. 777: Small Distillery Excise Tax Act of 2011 because... As with all industries it is the responsibility of congress to look at the growth of our economy in all ways possible. This is part of a growing economy and should be supported in a fashion that is conducive to growth. The current archaic governmental views on the taxation of this industry needs to be equalized with other similar sectors to establish both an equitable taxation and growth.

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VA
1
Ballurio
VA-1
1 year ago

I support H.R. 777: Small Distillery Excise Tax Act of 2011 because I would like to become an artisan distiller. The government has built a giant wall around the huge distilleries in this country and have essentially picked the winners in the business of making spirits. This is a perfect example of big brother government gone awry. Less regulation, more business, more jobs.

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MI
8
JB79
MI-8
2 years ago

I support H.R. 777: Small Distillery Excise Tax Act of 2011 because I am a small Distillery and this act will greatly help my business and my industry to grow as an all american small business.

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NH
1
kckadi
NH-1
2 years ago

I support H.R. 777: Small Distillery Excise Tax Act of 2011 because I am the president of a small distillery in Union, Missouri. Although we are quite happy to pay our fair share of taxes, a tax break such as this would allow us to keep more profit per bottle. We would then be able to put that money towards increasing our capacity and give us the ability to hire more employees. Currently, we have one paid employee and four non-paid owners. We would love to grow to the point where we can employ more of our community and support our local economy. Craft distilleries are a small section of the manufacturing community, but they are providing real manufacturing jobs to their communities. An opportunity to keep and use more of our earnings would allow this market to grow and continue adding to our local, regional, and national economies. We currently pay the same tax rate as Jim Beam. They produce millions of barrels a year compared to our few hundred. We also pay income tax, state excise tax, sales tax, and property tax. In an economy that is faultering, it makes sense to help smaller companies that would like to become bigger and have the ability to pay higher taxes later.

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MO
3
MadBuffaloDistillery
MO-3
2 years ago

I support H.R. 777: Small Distillery Excise Tax Act of 2011 because... My Company Hip Brand Development, Inc. is a year old Colorado born company that brands, develops and markets Craft Spirits. In the past six months alone we have employed five Coloradoans, three of who did not have a current job at the time. We anticipate another six or seven hires in the next year, if things go as planned. Which gets me to the point of this letter. Our first brand, WICKED HARD, is a pre-mixed carbonated cocktail that is packaged in a 12oz aluminum container. So, its a distilled, craft spirit product, but it is produced and packaged like a beer. We tend to be lumped into the category with the flavored malt liquors who make the claim that they are an 'alternative to beer,' but yet they enjoy the same unequal tax advantages that beer has over spirits at all levels of alcohol taxation. Across the entire scope of the alcoholic industry, beer enjoys an unfair advantage in taxation. H.R. 777 would provide some much needed tax equality to the rapidly growing number of Craft Spirit distillerys and brand owners such as ours that will allow us all to grow, expand, add jobs, and buy goods.

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CO
1
J.W.CEO
CO-1
2 years ago

Users Opposing

No constituents opposing yet.

Bill Summary

To amend the Internal Revenue Code of 1986 to reduce the rate of tax on distilled spirits produced by small producers.

H.R. 776 Guaranteed 3% COLA for Seniors Act of 2011 H.R. 778 Graduation Promise Act of 2011