KRTV: Tester wants tax cuts for Montana breweries
U.S. Senator Jon Tester (D-MT) has announced he will sponsor legislation to cut taxes for Montana’s small breweries.
The Small Brew Act would lower the excise tax for small brewers from $7 to $3.50 for the first 60,000 barrels of beer produced each year.
The bill would also provide a $2 reduction for every barrel produced between 60,000 and 2 million.
Tester says cutting taxes for small brewers would allow them to grow their businesses and reinvest in their communities.