Reduces alcoholic beverage tax rate on cider and low-percentage alcohol by volume liquors.

This bill reduces the alcoholic beverage tax rate on cider and low-percentage alcohol by volume (ABV) liquors to match the tax rate for beer. Currently, cider is taxed at $0.15 a gallon and beer at $0.12 a gallon. The bill lowers the cider tax to $0.12 a gallon. Low-percentage ABV liquors, such as canned cocktails, are currently taxed at $5.50 a gallon. The bill changes this to $0.12 a gallon, aligning it with the tax rate for beer. This act takes effect the first day of the fourth month following enactment.

Reduces alcoholic beverage tax rate on cider and low-percentage alcohol by volume liquors.

This bill reduces the alcoholic beverage tax rate on cider and low-percentage alcohol by volume (ABV) liquors to match the tax rate for beer. Currently, cider is taxed at $0.15 a gallon and beer at $0.12 a gallon. The bill lowers the cider tax to $0.12 a gallon. Low-percentage ABV liquors, such as canned cocktails, are currently taxed at $5.50 a gallon. The bill changes this to $0.12 a gallon, aligning it with the tax rate for beer. This act takes effect the first day of the fourth month following enactment.