For VP and Director of State and Local Public Affairs, Les Fugate, Centre '99, and the entire Brown-Forman Corporation team, the ability to pass the accord of House Bill 5 was triumphant accomplishment. Hitting the exact number of votes needed to pass, this accord means saving tens of millions of dollars and the ability to keep Kentucky bourbon barrel warehouses in Kentucky. Inked into law last year, the accord sets in motion a 20-year phase-out of the barrel tax while safeguarding vital funds for education and public services, affording local authorities ample time to recalibrate their fiscal strategies.

The accomplishment was celebrated at KDA’s 2023 annual State Dinner in Louisville, where Fugate was awarded the prestigious Esprit de Corps Award, an exclusive commendation given by the Chair of the KDA’s Board of Directors, celebrating individuals whose actions propel forward KDA's mission and Kentucky's illustrious Bourbon and distilled spirits industry. Amidst the celebration, KDA Board Chairman Chris Morris bestowed the award upon Fugate, presenting him with a commemorative plaque and a medal engraved with accolades for his extraordinary contributions.

“For generations, the KDA has labored toward a fair resolution to the burdensome barrel tax, which has hindered our industry's competitiveness,” remarked Morris. “Through collaboration and communication, Les and his team brokered a compromise that charts a course toward a more equitable tax framework, securing the future of our beloved Bourbon industry.”

Typically given out at the end of a storied career, the award displays the gravity of this accomplishment and signifies a monumental shift in the industry. In speaking with Fugate, he expressed how deeply honored he was to “receive this award from the great bourbon barons of Kentucky,” and how moving it is to be mentioned among these legendary folks. However, he was sure to mention that this would not have been possible without the entire team that worked on the project.