WASHINGTON, July 21, 2022 (GLOBE NEWSWIRE) — The Beer Institute has announced US Senator Bob Menendez (D-NJ) as one of its “2022 Beer Champions.” Sen. Menendez was recognized for his leadership in securing permanent excise tax relief for beer brewers and pushing for a federal excise tax deferral for brewers and beer importers during the pandemic.
Gavin Hattersley, Chairman of the Beer Institute and President and CEO of Molson Coors Beverage Company, said: “The U.S. beer industry contributes $350 billion to the economy and creates more than 2 million jobs. We are grateful for his partnership and look forward to continuing to work together to help the beer industry.”
Senator Menendez said: “We are proud to be named Beer of the Year 2022 He is champion. The beer industry, especially small family and minority-owned breweries, is rebuilding stronger than ever in the wake of COVID-19. We will continue to fight for legislation to enable a pandemic.”
In New Jersey, the beer industry supports over 38,000 jobs and contributes $6.3 billion in annual economic output.
Senator Menendez, Craft Beverage Modernization and Tax Reform Act (CBMTRA) will provide permanent sales tax relief to American brewers and beer importers to help them reinvest in their business, hire new employees, continue to innovate, and continue to make America’s favorite beer. secure resources for In 2020, Sen. Menendez signed a letter asking the Treasury Department to extend the federal excise tax deadline on domestic and imported beverage alcohol until her Dec. 31, 2022.
The beer industry supports millions of high-paying American jobs in a wide range of industries, including agriculture, manufacturing, construction, retail, and service industries. Learn more about the beer industry’s impact on each state at beerservesamerica.com.
Other 2022 Beer Champions are:
- Sen. Tammy Baldwin (D-Wisconsin)
- Senator Tom Cotton (R-AR)
- Senator John Hoven (Republican-ND)
- Representative Sanford Bishop (D-GA)
- Representative Ken Buck (R-CO)
- Rep. Rodney Davis (Republican-Illinois)
- Rep. Al Lawson (D-Florida)
beer research institute is the national trade association of the U.S. brewing industry, representing brewers, beer importers, and industry suppliers. Originally founded as the American Brewing Institute in 1862, the Beer Institute today is committed to developing sound public policy and values of civic duty and personal responsibility. Check here for the latest information from the Beer Institute. websitefollow @BeerInstitute Like Beer Institute on Twitter Facebookand Follow Beer Institute Instagram.