HB1371 proposes a new tax rate for low alcohol by volume spirits beverages in Hawaii.
HB1371 amends Hawaii's tax code to establish a distinct tax rate for low alcohol by volume spirits beverages. These beverages, containing no more than ten percent alcohol by volume, will be taxed at $1.10 per wine gallon, lower than the tax on high-proof spirits. This change aims to encourage local distilleries to produce these beverages and promote fair competition. The new tax rates will take effect on June 30, 2025.
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