Craft beer makers hope tax cut will be extended
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New Hampshire craft beer makers hope Congress will extend a reduction in the excise tax on craft beer sales and make it permanent, brewers told Sen. Maggie Hassan, D-NH, on Monday.
Hassan visited Rockingham Brewing Co. in Derry, where she met with brewery owners Ali and Rob Leleszi; Jenn “CJ” White, the executive director of the New Hampshire Brewers Association; and Jeff Cozzens, the association’s president and the CEO of Schilling Beer Company in Littleton.
They discussed efforts to extend and make permanent a reduction in the excise tax on craft beer sales. The provision was first codified into law when language from the Craft Beverage Modernization and Tax Reform Act was adopted in the 2017 tax reform law, halving the $7-per-barrel tax to $3.50.