U.S. Senate Majority Leader Mitch McConnell (R-KY), Senator Rand Paul (R-KY) and Congressman Andy Barr (KY-06) reintroduced legislation today which corrects a provision in the tax code to ensure that Kentucky’s Bourbon producers are no longer at a disadvantage with their global competitors.
The Advancing Growth in the Economy through Distilled (AGED) Spirits Act in the U.S. Senate and the Aged Distilled Spirits Competitiveness Act in the House of Representatives would permit Bourbon producers to deduct interest expense associated with the production of Bourbon in the year it is paid. It does this by exempting the natural aging process in the determination of the production period for distilled spirits.
Under current law, interest expenses are not deducted until the Bourbon is bottled and sold, which could be anywhere from 2 to 23 years after aging. This situation has been likened to a homeowner not being able to deduct the interest on a home mortgage until the sale of the house.
Senator McConnell said, “The AGED Spirits Act is a pro-growth measure that will help level the playing field between Kentucky’s Bourbon industry and its competitors abroad, while providing a boost to our home-state economy. This bill would benefit thousands of hard-working Kentuckians who have contributed to one of the Commonwealth’s signature industries and helped make Kentucky the Bourbon Capital of the World. As recent studies have shown, the industry has grown and thrived, and I am sure it will continue to do so thanks to the many Kentuckians working in our distilleries and in other Bourbon-related jobs.”
Senator Paul said, “The Advancing Growth in the Economy through Distilled Spirits Act will preserve Kentucky’s signature Bourbon industry by boosting job creation and establishing a level playing field between Bourbon and whiskey producers at home and their competitors abroad.”
Congressman Barr said, “This bill is a commonsense fix which would end the discrimination of Bourbon and other aged spirits for tax purposes, helping support jobs for Kentucky families and our local economy. I appreciate working with Leader McConnell and Senator Paul on this needed reform to support a signature Kentucky industry.”
Eric Gregory, President, Kentucky Distillers’ Association, said, “We applaud the leadership of Senator McConnell, Senator Paul, and Congressman Barr for working to eliminate restrictive tax policies that are holding Kentucky Bourbon back. Unlike most spirits, it takes years for Kentucky Bourbon to age before it can be appreciated. The AGED Spirits Act will free important capital on aging barrels, allowing distilleries to increase investments and create more jobs. This is a vital solution that will level the playing field for our signature industry as it competes in the global marketplace. We thank and appreciate the longtime support of Senator McConnell, Senator Paul, and Congressman Barr and look forward to working with them to promote and protect our timeless craft."
Mark Brown, President and CEO, Sazerac, said, “On behalf of the more than 2,200 employees at Sazerac, particularly the 1,300 at our three Kentucky distilleries – Buffalo Trace, Barton 1792 and Glenmore -- I want to thank Senator McConnell, Senator Paul, and Congressman Andy Barr for filing the AGED Spirits Act. This will help lift the unfair burden that impacts manufacturers of Bourbon, Kentucky’s native spirit. Tearing down these discriminatory barriers will allow all Bourbon distillers to reinvest in their facilities and their employees. Sazerac is already investing more than $100 million in our three Kentucky distilleries and have more than $100 million in development projects around the country. We commend Senator McConnell, Senator Paul, and Congressman Andy Barr for their consistent support of our Bourbon industry.”
Kentucky produces 95 percent of the world’s Bourbon supply. According to a recent economic study released last week, Kentucky Bourbon contributes $8.5 billion to Kentucky’s economy each year and supports over 17,500 jobs in Kentucky.
The House bill is also cosponsored by Congressmen James Comer (KY-01), Brett Guthrie (KY-02), Thomas Massie (KY-04) and Hal Rogers (KY-05).Read More
Congressman Andy Barr (KY-06) was interviewed this morning by WVLK’s Jack Pattie. Congressman Barr shared his reaction to President Trump’s nomination of Judge Neil Gorsuch to the U.S. Supreme Court:
“I am extremely impressed with this nomination. Judge Gorsuch has exemplary and superb credentials and background – both academic credentials and his professional experience both as a lawyer and a judge. Obviously, he is committed to a judicial philosophy of originalism. He will faithfully apply the Constitution and uphold the rule of law. I think this is an excellent pick…. He has demonstrated as a proven originalist on the Court of Appeals that he is a worthy successor to Justice Scalia.”
Congressman Barr also spoke about the President’s Executive Order to temporarily pause refugee programs, as well as new immigration from seven nations designated by the Obama Administration as countries of concern for terrorism:
“In general, it makes simple, common sense to review our vetting of these refugees because intelligence officials and the FBI have communicated very clearly to the Congress and the American people that we do not have sufficient information about these individuals… The bottom line is that we are going to be exercising congressional oversight over this, but this is common sense, this is in the national security interest of the country to take a temporary pause to take a look at this program. We are going to work with Kentucky Refugee Ministries to make sure there are not any unwarranted inconveniences for individuals who do not pose a threat to our national security.”
Audio of Congressman Barr’s full interview is available from WVLK online at: http://www.wvlkam.com/podcasts/.Read More
Congressman Andy Barr (KY-06) issued the following statement after President Donald Trump nominated Judge Neil Gorsuch to serve on the United States Supreme Court:
“I am extremely impressed with President Trump's nomination of Judge Neil Gorsuch to the U.S. Supreme Court. Judge Gorsuch has outstanding credentials, is a proven originalist and will faithfully uphold the Constitution and the rule of law. He is a fitting successor to Justice Antonin Scalia.”Read More
The office of Congressman Andy Barr (KY-06) is seeking a wounded warrior or medically retired veteran for a paid fellowship in his Lexington office. The position is sponsored by and will be hired through the U.S. House of Representatives Wounded Warrior Fellowship Program.
“I am honored that my office was selected to participate in the Wounded Warrior Fellowship Program,” said Congressman Barr. “Several of members of my staff have served our nation in uniform and I look forward to having another veteran join our team in service to the people of the Sixth District.”
The Wounded Warrior Fellowship Program was established to create employment opportunities for veterans within the House of Representatives. These two-year fellowships provide veterans with experience to broaden their career opportunities, while helping Members of Congress and their staffs to better understand the needs and perspectives of those wounded in service to our nation.
The program is limited to veterans who have served on active duty since Sept. 11, 2001, with less than 20 years of service and who have a minimum 30% disability rating from the Department of Veterans Affairs.
Interested veterans should submit a resume, copy of the last DD214 issued, and letter from the VA indicating a 30 percent or greater rating, which is not necessary if medically retired, to email@example.com.
For more information and questions, interested applicants should contact the Wounded Warrior Program Office at 202-226-1965.Read More
Congressman Andy Barr (KY-06) today voted in favor of a budget resolution which sets the stage for Congress to repeal the Affordable Care Act, also known as Obamacare. The same budget reconciliation process was used in 2016 to get repeal legislation to President Obama, who vetoed the bill.
“Obamacare did not fix our broken health care system, it made it worse,” said Congressman Barr. “On behalf of the tens of thousands of Kentuckians who lost private insurance plans they liked, who have seen their premiums and deductibles skyrocket, and who have been forced into low-quality government plans they do not want, I am proud to vote for this legislation which lays the groundwork for repeal and replacement of this failed law.”
“The American people rightfully expect better, and a unified Republican government will move quickly to provide relief from Obamacare’s failures and to expand access to quality, affordable health care without growing government.”
This week, Congressman Barr spoke on the House Floor about Obamacare’s failures in Kentucky, as well as ideas to fix our health care system.Read More
Congressman Andy Barr (KY-06) has been named the Chairman of the Financial Services Subcommittee on Monetary Policy and Trade for the 115th Congress. Among other issues, the subcommittee is responsible for oversight of the Federal Reserve System, as well as domestic and international monetary policy.
“I am honored and humbled to have the confidence of Chairman Hensarling and my colleagues to serve as Chairman of Monetary Policy and Trade Subcommittee,” said Congressman Barr. “I look forward to continuing the important work of this subcommittee including vigorous oversight of the Federal Reserve to encourage a predictable and stable monetary policy that will provide certainty and economic growth for all Americans.”
“Andy Barr has quickly emerged as a thoughtful, hard-working, and effective leader on the Financial Services Committee,” said Chairman Jeb Hensarling. “I look forward to working with Congressman Barr in his new role as Chairman of the Monetary Policy and Trade Subcommittee because I have no doubt he will advance solutions to help get our economy back on track.”
The Subcommittee on Monetary Policy and Trade has jurisdiction over legislation in the House pertaining to:
Congressman Andy Barr (KY-06) today voted in favor of the Conference report to H.R. 4909, the National Defense Authorization Act (NDAA) for Fiscal Year 2017. The NDAA is the primary way Congress meets its most important constitutional obligation to provide for the common defense.
The legislation stops the recent drawdown of the Armed Forces and makes investments to improve military readiness. NDAA authorizes funds to support military operations abroad, includes a 2.1 percent pay increase for our troops, strengthens military health care services, and prohibits the closure of the terrorist detention center at Guantanamo Bay.
“Passage of this National Defense Authorization Act marks a turning point by improving military readiness and by making the investments we need to keep the American people safe and to fully support our troops at home and abroad,” said Congressman Barr. “This legislation also gives our troops a well-deserved pay increase and, importantly, blocks President Obama from closing the prison at Guantanamo Bay and from transferring terrorists to the United States.”
The NDAA includes increased funding for depots including the Blue Grass Army Depot in Madison County, Kentucky. The bill also includes a provision supported by Congressman Barr that authorizes the purchase of enhanced body armor. The 3M Company in Lexington, Kentucky, with 235 employees, produces much of this body armor to keep our troops safe.Read More
Congressman Andy Barr (KY-06) today voted in favor of H.R. 34, the 21st Century Cures Act which includes numerous reforms to expedite the discovery, development, and delivery of new treatments and cures. Specifically, the Food and Drug Administration (FDA) will be given flexibility to expedite the review and approval of new drugs, medical devices, and treatments.
The bill includes legislation Congressman Barr cosponsored, H.R. 2646, the Helping Families in Mental Health Crisis Act which represents the most significant reforms to the mental health system in more than a decade. The bill also authorizes a substantial investment to fight the opioid and heroin addiction crisis.
“Passage of this bill will give hope to millions of Americans that we will find effective treatments and cures to diseases more quickly and with less government red tape,” said Congressman Barr. “We will transform the way that we treat mental health, and we will invest more in the fight against the growing epidemic of drug addiction which is devastating families and communities in Kentucky. I am proud to vote for this landmark legislation which will improve the lives of so many suffering from disease, mental illness, and addiction.”
The 21st Century Cures Act is expected to be passed by the U.S. Senate and signed by President Obama.Read More
Congressman Andy Barr (KY-06) issued the following statement after President-Elect Donald Trump announced he would nominate Secretary Elaine L. Chao to head the Department of Transportation in his administration:
“There is no one better suited to help President-Elect Trump carry out his goal of modernizing and upgrading America’s failing infrastructure than Secretary Elaine Chao. As a former Deputy Secretary of Transportation, Director of the Peace Corps, President and CEO of the United Way, and Secretary of Labor, Secretary Chao is not only supremely qualified for this role but she has demonstrated that she can lead and reform large organizations and bureaucracies. Secretary Chao’s nomination is also a tremendous honor for the Commonwealth of Kentucky to have one of our own recognized for such an important post.”
“Congratulations to Secretary Chao and her family, and I look forward to working with her to improve our nation’s and Kentucky’s transportation infrastructure.”Read More
WASHINGTON, D.C. – Congressman Andy Barr released the following statement after voting for H.R. 3102, the Nutrition Reform and Work Opportunity Act of 2013, which passed the House by a vote of 217-210:
“Today, I voted to restore accountability and much-needed fiscal responsibility to an important federal program that has grown to unsustainable levels. These commonsense reforms to our food stamp program will achieve nearly $40 billion in savings, while increasing funding for food banks. The bill will provide a full $725 billion in food assistance to families and children in need over the next ten years. This legislation is the most compassionate policy because it encourages people who are capable of work to move from dependency to self-sufficiency.”
As passed by the House of Representatives, H.R. 3102 will implement several important reforms to the Supplemental Nutrition Assistance Program (SNAP). H.R. 3102 would protect the solvency of this important program by:
These commonsense reforms will save taxpayers $39 billion between 2014 and 2023, a 5 percent reduction from the current Congressional Budget Office forecast of federal spending for SNAP, which totals $764 billion over the next decade.
1432 Longworth HOB
Washington, DC 20515
Andy Barr took the oath of office as the new United States Representative for Kentucky’s Sixth Congressional District on January 3, 2013. As the Sixth District extends from the Bluegrass Region to the edge of the Cumberland Plateau’s coalfields, Congressman Barr enjoys the distinct honor of representing a geographically diverse region, whose residents work in virtually all of Kentucky’s signature industries.
Congressman Barr has dedicated his tenure in Congress to promoting the dreams and aspirations of his constituents by strengthening Kentucky’s signature coal, manufacturing, equine, bourbon, and agriculture industries, while fighting for policies that unleash the creative capacity of every individual. His immediate priorities involve getting Kentuckians back to work, promoting economic growth, and restoring common sense and fiscal sanity to Washington.
Garland “Andy” Barr was born in Lexington, Kentucky on July 24, 1973; the son of Garland Barr; the founder of a successful accounting practice, and Donna Barr, an Episcopal deacon and hospital chaplain. The second-eldest of three children; he grew up enjoying the blessings of a loving family while witnessing his sister Emily’s struggle to overcome the debilitating effects of Juvenile Rheumatoid Arthritis. Emily’s victory, which culminated in her graduation from seminary and her ordination as a minister – inspired Andy Barr to seek causes larger than him in which to invest his talents and energy.
Congressman Barr graduated from Lexington’s Henry Clay High School in 1992, and earned his Bachelor of Arts degree in Government and Philosophy from the University of Virginia in 1996, graduating with Magna Cum Laude and Phi Beta Kappa honors. He served as Legislative Assistant for U.S. Rep. Jim Talent from 1996 until 1998, staffing then-Congressman (and future Senator) Talent’s participation on Speaker of the House Newt Gingrich’s Health Care Reform Task Force. He subsequently returned to Kentucky, earning his law degree from the University of Kentucky in 2001, where he participated on the College of Law’s Moot Court National Team.
In 2004, Congressman Barr joined the administration of newly-elected Kentucky Governor Ernie Fletcher (who represented the Sixth Congressional District from 1998 until 2003); ultimately rising to the position of Deputy General Counsel to the Governor. Barr returned to his Lexington-based private law practice in 2007.
Congressman Barr is a 2007 graduate of Leadership Lexington, and has served on the Board of Directors of the Friends of the Isaac Murphy Memorial Art Garden and Prevent Child Abuse Kentucky. He is a member of Christ Church Cathedral. He is married to the former Eleanor Carol Leavell of Georgetown, Kentucky; together, they are the proud parents of two daughters.
Great meeting with rural hospital administrators and nurses in Winchester to discuss making access to care more aff… https://t.co/Kb5Csu5crn
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Today, I begin interning for @RepAndyBarr ...a dear friend and a wonderful person! 🇺🇸🇺🇸🇺🇸
Thank you to the great crowd at today's Coffee with your Congressman in Mt. Sterling! I appreciate all of your feedback and questions.
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Today, I met with some of the healthcare providers and administrators of Lexington Infectious Disease Consultants. We had a great discussion
Today, I reintroduced the Aged Distilled Spirits Competitiveness Act in the House. This bill is a commonsense fix which would end the discrimination
Today, I enjoyed welcoming students from my alma mater, Henry Clay High School, to the U.S. Capitol! Go Devils!
This morning, I appeared on Bloomberg TV's Daybreak to preview the House Committee on Financial Services hearing with Federal Reserve Chair Janet
Read my latest op-ed in Investor's Business Daily on the need to restore conventional monetary policy at the Federal Reserve. Let me know what