The Small Brew Act
The Small BREW Act of 2015 would reduce the federal excise tax on every one of America’s small craft brewers. Under current federal law, brewers producing fewer than 2 million barrels annually pay $7 per barrel in federal excise taxes on the first 60,000 barrels they brew, and $18 per barrel on every additional barrel (one barrel = 31 gallons). Under the Small BREW Act, the rate would be $3.50 per barrel on the first 60,000 barrels. For production between 60,001 and 2 million barrels, the rate would be $16.00 per barrel. Then, the rate would be $18.00 per barrel. Breweries with annual production of 6 million or fewer barrels would qualify for these new tax rates.