Increases tax revenue dedicated to New Jersey Wine Promotion Account.
Increases the tax revenue dedicated to the New Jersey Wine Promotion Account from $0.47 per gallon to $0.875 per gallon. The account, managed by the Department of Agriculture, funds research and development in viticulture and winemaking, and promotes New Jersey wine. The change makes the account's funding equal to 100% of the tax on wines, vermouth, and sparkling wines.
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