Contact: Aaron White
Craft Beverage Modernization and Tax Reform Act will reduce tax burdens for craft beverage makers and grow jobs in Wisconsin
Eau Claire – Today, U.S. Rep. Ron Kind toured Lazy Monk Brewing in Eau Claire and promoted the newly introduced bipartisan Craft Beverage Modernization and Tax Reform Act, which will grow America’s craft breweries by reducing the tax burden and restrictive regulations for brewers. Lazy Monk brewery is owned by Leos and Theresa Frank of Eau Claire, Wisconsin.
“Our craft brewers carry on Wisconsin’s heritage and legacy, all while giving back to our local economy and providing good-paying, meaningful jobs. Touring Lazy Monk here in Eau Claire gave me the opportunity to see their hard work firsthand, and try some outstanding beer in the process,” said Rep. Ron Kind. “I am proud to have recently introduced the bipartisan craft beer bill, and look forward to seeing our breweries grow and prosper here in Wisconsin.”
“Congressman Kind’s visit to Lazy Monk was a welcome opportunity to both show off the great beer we brew here in Eau Claire, and also talk about how the brewing and beer industry gives back to our local community,” said Theresa Frank, co-owner of Lazy Monk Brewing. “Lazy Monk, and every small brewery across the state, will welcome the opportunity to expand our business and brew more Made-in-Wisconsin beer.”
In Wisconsin, the beer industry alone contributes over $10 billion to the state economy, and provides over 69,000 jobs.
The Craft Beverage Modernization and Tax Reform Act reduces excise taxes, compliance burdens, and regulations for breweries, wineries, and distilleries across the country. This legislation is comprehensive and supported by the entire craft beverage industry.
While touring the Lazy Monk Brewery, Rep. Kind also discussed the impact of aluminum tariffs on the beer industry which have been imposed for one year, as of March 1, 2019. According to Tariffs Hurt the Heartland, Wisconsin’s taxpayers have paid over $139 million in additional tariffs this past year.