Press Release

ALEXANDRIA, Va. – National Beer Wholesalers Association (NBWA) President and CEO Craig Purser released the following statement about the budget reconciliation package passed by the House and Senate:

“NBWA and our members have long called for Main Street tax provisions to be made permanent to provide needed certainty to local, family-owned businesses like beer and beverage distributors.

With the enactment of the budget reconciliation package, Main Street businesses can now more confidently invest in their operations and communities with the certainty of a permanent 20% 199A pass-through deduction, greater estate tax relief, permanence of provisions like bonus depreciation and interest deductibility, as well as the continued ability for pass-throughs to use the state and local tax deduction.

NBWA members worked hard to make their voices heard on Capitol Hill throughout the legislative process. That dedication was instrumental in today’s positive outcome for the beverage distribution industry.”

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The National Beer Wholesalers Association (NBWA) represents America’s 3,000 independent beer distributors who service every state, congressional district and media market across the country. Licensed at the federal and state levels, beer distributors get bottles, cans, cases and kegs from a brewer or importer to stores, restaurants and other licensed retail accounts through a transparent and accountable regulatory system.

Distributors build brands of all sizes – from familiar domestic beers to new startup labels and imports from around the world – and generate enormous consumer choice while supporting more than 135,000 quality jobs in their home communities. Beer distributors work locally to keep communities safe by sponsoring programs to promote responsible consumption, combat drunk driving and reduce underage drinking.