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Afternoon Brief, June 29

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Craft Beverage Modernization and Tax Reform Act gets introduced in the House: We've never seen the brewing associations so giddy and agreeable about a piece of legislation before, but both the Brewers Association (the trade association dedicated to craft brewers) and the Beer Institute (a trade association representing big brewers, beer importers and supply industries) jointly applauded the introduction of the Craft Beverage Modernization and Tax Reform Act (H.R. 2903) in the U.S. House of Representatives last week...