Adjusts liquor tax rates in Hawaii to reflect inflation and increase state revenue.

This bill adjusts the tax rates on various liquor categories in Hawaii to reflect inflation using the Consumer Price Index. The tax rates will be increased for distilled spirits, sparkling wine, cooler beverages, beer, and draft beer. The bill estimates that this adjustment will lead to a decrease in alcohol consumption and alcohol use disorders, and an increase in economic productivity. The additional revenue collected from the tax increase will be deposited into the general fund and can be used for the prevention and treatment of alcohol-related disorders.

Adjusts liquor tax rates in Hawaii to reflect inflation and increase state revenue.

This bill adjusts the tax rates on various liquor categories in Hawaii to reflect inflation using the Consumer Price Index. The tax rates will be increased for distilled spirits, sparkling wine, cooler beverages, beer, and draft beer. The bill estimates that this adjustment will lead to a decrease in alcohol consumption and alcohol use disorders, and an increase in economic productivity. The additional revenue collected from the tax increase will be deposited into the general fund and can be used for the prevention and treatment of alcohol-related disorders.