WASHINGTON, July 21, 2022 (GLOBE NEWSWIRE) — The Beer Institute introduced U.S. Representative Ken Buck (R-CO) as one among its “2022 Beer Champions.” Rep. Buck was acknowledged for his management in championing insurance policies that deliver readability to the aluminum pricing course of and serving to safe everlasting excise tax aid for brewers.
“A sincere thank you to Rep. Buck and our Beer Champions whose ongoing leadership has provided critical support against the challenges our industry is facing,” mentioned Gavin Hattersley, chairman of the Beer Institute and president and CEO of Molson Coors Beverage Company. “The U.S. beer industry contributes $350 billion to the economy and creates more than 2 million jobs. Rep. Buck has worked hard to fight against the aluminum pricing process, unfair federal excise taxes and other issues that are threatening our industry. We are grateful for his partnership and hope to continue working together in support of the beer industry.”
“Beer in Colorado goes back to mining camps and the gold rush of the late 1850s,” mentioned Rep. Buck. “Prohibition nearly killed it, and it goes to show how bad government policy can stop an entire industry in its tracks. We’ve had a lot of that going around lately, and I’m pleased to have partnered with the Beer Institute to fight off some of the worst policies and advance sensible ones.”
In Colorado, the beer trade helps greater than 58,000 jobs and gives $11.4 billion yearly in financial output. In Colorado’s fourth congressional district, the beer trade helps greater than 8,400 jobs and gives $410 million in financial output.
Rep. Buck joined Rep. Al Lawson (D-FL) in introducing the Aluminum Pricing Examination (APEX) Act which might permit for extra oversight into the aluminum market, offering transparency and stability brewers have to run their companies. Rep. Buck additionally cosponsored the Craft Beverage Modernization and Tax Reform Act (CBMTRA) to supply everlasting excise tax aid to America’s brewers and beer importers, guaranteeing they’ve the sources to reinvest of their companies, rent new workers and proceed to innovate and create America’s favourite beers.
The beer trade helps tens of millions of well-paying American jobs in a variety of industries, together with farming, manufacturing, building, retail, the service trade and extra. You can study extra in regards to the beer trade’s affect in every state at beerservesamerica.com.
Other 2022 Beer Champions embody:
- Senator Tammy Baldwin (D-WI)
- Senator Tom Cotton (R-AR)
- Senator John Hoeven (R-ND)
- Senator Bob Menendez (D-NJ)
- Representative Sanford Bishop (D-GA)
- Representative Rodney Davis (R-IL)
- Representative Al Lawson (D-FL)
The Beer Institute is a nationwide commerce affiliation for the American brewing trade, representing brewers, beer importers and trade suppliers. First based in 1862 as the U.S. Brewers Association, the Beer Institute is dedicated as we speak to growing sound public coverage and the values of civic responsibility and private duty. For further updates from the Beer Institute, go to our web site, observe @BeerInstitute on Twitter, just like the Beer Institute on Facebook, and observe the Beer Institute on Instagram.