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Wednesday, April 10, 2013

Beer Tax Reform Act Headed To Governor's Desk For Signature

Today, The Tennessee General Assembly voted to approve the Beer Tax Reform Act, a proposal to fix the highest beer tax in the nation by transforming Tennessee's 17% tax on beer price at the wholesale level to a flat-rate tax of $35.60 on volume per barrel (31 Gallons).  The bill aims to attract new brewers to the state, as well as help those already here to expand and create more jobs, produce more volume, and therefor raise more tax revenue for the state in an all out win-win scenario.  The bill received support from nearly every facet of the beer community, including Anheuser-Bush, MillerCoors, Tennessee craft breweries, and wholesalers and is now headed to the Governor’s desk for a signature.

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