Today the Senate passed the one-year extension of the Craft Beverage Mo
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Just several minutes ago, the House of Representatives voted to extend the federal excise tax relief as brought about by the CBMA. The vote outcome was 297 to 120 in favor of extension through December 31, 2020.
Last night lawmakers announced a tax plan which includes a one year extension of the CBMA. The CBMA was set to expire at the end of 2019 but will now be part of a larger deal to keep the government open through 2020.
As we advised last week, the USTR has published federal register notices in regards to the above two issues. As there are many questions surrounding the process, we wanted to try to clarify as much as possible.