A bill to amend section 5051 of the Internal Revenue Code of 1954 (relating to the Federal excise tax on beer).

Provides that the first 60,000 barrels of beer brewed by a brewery in the United States producing less than 2,000,000 barrels annually for consumption shall be taxable under the Internal Revenue Code at a rate of $7 per barrel (as opposed to the flat rate of $9 per barrel presently imposed).