H.R. 9407: SPIRIT Act
H.R. 9407 status: Referred.
What this bill does
Overall score
Bill summary
AI SummaryThe bill creates a specific tax incentive for small distillers that shifts federal revenue and market incentives for domestic agricultural sourcing.
Key analysis
Impact analysis
Environment
Benefits
- Incentivizes local agricultural sourcing which may reduce transportation emissions
Risks
- No explicit environmental requirements or standards included
Economy
Benefits
- Reduces tax burden for small, domestic distillers
- Encourages purchase of domestically grown agricultural inputs
Risks
- Potential for minor reduction in federal excise tax revenue
- Small distillers may face compliance costs for certification
Society
Benefits
- Supports rural economic development and small business growth
- Strengthens domestic supply chains for craft industries
Risks
- Benefits are limited to a narrow segment of the beverage alcohol market
How trustworthy & consequential it is
Confidence
highhigh
Information is complete and verified.
Analysis status
Full bill text (Congress.gov)
Source used for this bill's analysis.
Administrative complexity may arise from verifying the 90 percent domestic sourcing requirement
Tax credit eligibility is restricted to producers under 100,000 proof gallons
Where it stands
Introduced
CompleteCommittee
CurrentReferred
Floor
UpcomingEnacted
UpcomingHow it affects your district
Set your location
Add your district to see how this bill may affect your community and who to contact.
Take action
Contact your representatives
Let them know how you feel about this bill.
Share your view
Join the discussion and see what others are saying.
Track this bill
Stay updated on progress and changes.