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MI HCR0029

Concurrent Resolution

Official Source

Status

Introduced

12/7/2016

Primary Sponsor

Larry Inman

Click for details

Origin

House of Representatives

98th Legislature

AI Summary

  • Urges U.S. Congress to expand the small wine producer tax credit and reduce federal excise tax on wine
  • Cites Michigan wine industry contributing over $300 million annually to state economy and supporting more than 3,000 jobs
  • Notes U.S. wine industry generates $5 billion in economic output, provides 50,000+ jobs, and accounts for 8 percent of world wine production
  • References the Wine Excise Tax Modernization Act of 2016 as model legislation that would expand tax credits for small- and mid-sized producers and eliminate excise tax on champagne and sparkling wine
  • Directs copies be sent to President of Senate, Speaker of House, Congressional Wine Caucus members, and Michigan congressional delegation

Legislative Description

A concurrent resolution to urge the United States Congress to expand the small wine producer tax credit and reduce the federal excise tax on wine.

Last Action

Referred To Committee On Regulatory Reform

12/7/2016

Committee Referrals

Regulatory Reform12/7/2016

Full Bill Text

No bill text available