Maryland HB736 establishes a tax rate for ready-to-drink cocktails containing distilled spirits and nonalcoholic beverages.

Maryland HB736 defines a ready-to-drink cocktail as a beverage containing distilled spirits mixed with nonalcoholic beverages, with an alcohol content of 12% or less, and packaged in a container not exceeding a certain size. The bill sets a tax rate for these cocktails, distinguishing them from other alcoholic beverages like wine and distilled spirits. This legislation aims to regulate and tax these specific types of beverages within the state.

Maryland HB736 establishes a tax rate for ready-to-drink cocktails containing distilled spirits and nonalcoholic beverages.

Maryland HB736 defines a ready-to-drink cocktail as a beverage containing distilled spirits mixed with nonalcoholic beverages, with an alcohol content of 12% or less, and packaged in a container not exceeding a certain size. The bill sets a tax rate for these cocktails, distinguishing them from other alcoholic beverages like wine and distilled spirits. This legislation aims to regulate and tax these specific types of beverages within the state.