H.R. 747 · 115th Congress · 2017–2018
Craft Beverage Modernization and Tax Reform Act of 2017
H.R. 747 in the 115th Congress (2017–2018) was introduced on Jan 30, 2017, sponsored by Erik Paulsen with 303 co-sponsors.
During the 115th Congress (2017–2018), Donald Trump was president, and Republicans held majorities in both the House and Senate.
- Status
- Introduced
- Introduced
- Jan 30, 2017
- Co-sponsors
- 303
- Policy area
- Taxation
What it does
Craft Beverage Modernization and Tax Reform Act of 2017 This bill amends the Internal Revenue Code, with respect to the tax treatment of certain alcoholic beverages, to: exclude the aging period from the production period for beer, wine, or distilled spirits for purposes of determining whether a taxpayer can expense, rather than capitalize, interest costs paid or incurred during the production period; reduce excise tax rates o…
Summary by the nonpartisan Congressional Research Service.
Sponsor
Erik Paulsen (R-MN). Co-sponsors: 133 Democrats, 170 Republicans.
Where it stands
- IntroducedJan 30, 2017
- Passed the House—
- Passed the Senate—
- Sent to the President—
- Became law—
Latest action: Referred to the House Committee on Ways and Means. (Jan 30, 2017)
More bills from Erik Paulsen in the 115th Congress
Other Taxation bills in the 115th Congress
- H.R. 3823: Disaster Tax Relief and Airport and Airway Extension Act of 2017
- H.R. 1: Tax Cuts and Jobs Act
- H.R. 25: FairTax Act of 2017
- H.R. 173: Middle Class Health Benefits Tax Repeal Act of 2017
- H.R. 184: Protect Medical Innovation Act of 2017
- S. 236: Craft Beverage Modernization and Tax Reform Act of 2017
- H.R. 247: Health Savings Account Expansion Act of 2017
- H.R. 367: Hearing Protection Act of 2017
- S. 407: Building Rail Access for Customers and the Economy Act
- S. 540: Mobile Workforce State Income Tax Simplification Act of 2017
Committees
More
From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.
Cite or embed this page
Capitol Receipts, “H.R. 747 (115th Congress): Craft Beverage Modernization and Tax…,” https://www.capitolreceipts.com/bill/115-hr-747/craft-beverage-modernization-and-tax-reform-act-of-2017 (accessed 2026-10-17).