“We are grateful the administration is acting proactively to support U.S. businesses as they work to recover from the devastating impacts caused by COVID-19,” said Chris Swonger, DISCUS president and CEO. “We look forward to working with the administration to identify and eliminate unnecessary, burdensome regulations to help the hospitality industry, which will reboot the economy. The spirits industry is a critical part of the U.S. hospitality industry, which supports millions of businesses and hardworking Americans across the nation. We continue to advocate for the industry’s needs, which include federal excise tax relief for distillers, suspension of tariffs on distilled spirits, creation of an industry stabilization fund, and continued funding for no- and low-interest loan assistance. All of these efforts would help our industry continue to support U.S. jobs and local agriculture.”
Background:
The executive order, released on May 19, states, “The heads of all agencies shall identify regulatory standards that may inhibit economic recovery and shall consider taking appropriate action, consistent with applicable law, including by issuing proposed rules as necessary, to temporarily or permanently rescind, modify, waive, or exempt persons or entities from those requirements, and to consider exercising appropriate temporary enforcement discretion or appropriate temporary extensions of time as provided for in enforceable agreements with respect to those requirements, for the purpose of promoting job creation and economic growth, insofar as doing so is consistent with the law and with the policy considerations identified in section 1 of this order.”