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Bill would provide federal tax adjustment to local breweries

March 7, 2013 (San Diego)-- To help the local craft brewing industry, Congresswoman Susan Davis (CA-53) joined a bipartisan group of members in cosponsoring H.R. 494, the Small Brewer Reinvestment and Expanding Workforce Act. 

“San Diego is increasingly becoming known as a hub of the craft brewing industry, which has contributed to the growth of small businesses and jobs in the region,” said Davis, a member of the House Small Business Caucus. “Small, independent brewers are a fast rising segment of our economy and Congress should help them compete against large, multi-national brewers.”

H.R. 494 would adjust the federal excise tax paid by small brewers for the first time in 37 years, giving companies in this industry additional capital to grow their businesses and hire more workers.  

Learn more about the Small BREW Act.