Representative Erik Paulsen will be at Lucid Brewing in Minnetonka Monday, January 6rd, from 2:30pm-3:30pm to speak with the employees about HR 494, The Small Brewer Reinvestment and Expanding Workforce Act (Small BREW Act). The Small BREW Act seeks to reduce the small brewer rate of excise tax on the first 60,000 barrels by 50 percent (from $7.00 to $3.50/barrel) and institute a new rate of $16.00 per barrel on beer production above 60,000 barrels up to 2 million barrels. Breweries with an annual production of 6 million barrels or less would benefit from these tax reductions.
Rep. Paulsen represents the brewery’s district, and will likely discuss the estimated impact the beer industry has on Minnesota, which is $3.9 billion dollars with $1.2 billion in wages and $665 million in paid taxes of which nearly $63 million are federal excise taxes, as well as the 34,760 agriculture, production, distribution, and sales jobs that breweries have created according to data from the Beer Institute 2012 brewing industry review.
Lucid’s co-owners, Jon Messier and Eric Biermann, will host Paulsen Monday the 6th and hopefully makes some headway on the Small BREW Act. Find more information about the bill on the Brewers Association website.
Congressman Erik Paulsen (R-MN) braved the frigid weather on Monday, January 6, to tour Lucid Brewing, Minnetonka’s only micro-brewery and speak with co-owner and tour host, Jon Messier. Owners of Bad Weather Brewery and Badger Hill Brewery also joined them for a lively discussion on issues relevant to small business owners with an emphasis on small breweries. Congressman Paulsen is a co-sponsor of HR 494 Small BREW Act, which aims to reduce federal excise taxes on start-up breweries like Lucid Brewing, Badger Hill Brewery and Bad Weather Brewery. This reduction in taxes will be a way to further spur the growing Minnesota beer industry and allow them to expand their facilities, workforce and distribution areas.