Search Results: keywords:"wine industry"

  • H. RES. 1028 — Commending Southern California Wineries and Vineyards Resolution.
    Status:Introduced in House
    Words:127

    H. Res. 1028 is a resolution introduced in the U.S. House of Representatives that recognizes and commends the wineries and vineyards in Southern California. The resolution highlights the significant contributions these wine growers make to the local and national economy by...

    Simple Explanation

    H. Res. 1028 is like giving a big thumbs up to the places in Southern California where they make wine, saying they help the community by creating jobs and drawing visitors. But, it's a bit like a pat on the back without any clear plan or money to help them do even better.

  • S. 5442 — To amend the Internal Revenue Code of 1986 to remove the differentiation between mead and low alcohol by volume wine for purposes of the tax imposed on wines.
    Status:Introduced in Senate
    Words:348

    S. 5442, titled the “Bubble Tax Modernization Act of 2024,” aims to change how certain wines are taxed in the United States by altering the Internal Revenue Code of 1986. It removes the distinction between mead and low-alcohol-by-volume wines for taxation purposes. The bill...

    Simple Explanation

    S. 5442 is a plan to change the rules about how some drinks like mead and certain wines are taxed. It wants to treat those drinks the same way, starting from 2025.