Increases the tax on wines, vermouth, and sparkling wines to fully fund the New Jersey Wine Promotion Account.
This bill amends the tax on wines, vermouth, and sparkling wines to increase the amount dedicated to the New Jersey Wine Promotion Account. Currently, $0.47 per gallon of the tax is dedicated to the account, but the bill raises this to $0.875 per gallon, ensuring the account is fully funded. The account, managed by the Department of Agriculture, supports research and development in viticulture and winemaking, as well as the promotion of New Jersey wine.
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- Core Provisions
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- Legal Framework
- Critical Issues
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