HR 1035
Fairness for Craft Beverage Producers Act
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- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
The Fairness for Craft Beverage Producers Act aims to provide additional economic support to small breweries, wineries, and other beverage manufacturers that were impacted by the COVID-19 pandemic. This bill expands eligibility for existing federal loan programs, specifically the Paycheck Protection Program and Small Business Administration loans, allowing these businesses to access second draw loans and receive extended subsidized payments. It clarifies that beverage manufacturers deriving at least 35% of their revenue from in-person sales qualify for these benefits. The bill builds upon previous COVID-19 relief legislation.
Sponsors
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Primary sponsor
Jennifer Wexton
Cosponsors
Alcee L. Hastings
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