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AL HB429
Bill
Status
1/26/2010
Primary Sponsor
John Knight
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AI Summary
HB429 Summary
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Allows fortified wine to be sold by any licensee of the Alcoholic Beverage Control Board, removing the restriction that limited sales to state liquor stores only.
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Levies a state excise tax on fortified wine (table wine containing more than 16.5 percent alcohol by volume) at $2.42 per liter, collected from purchasers by wholesalers or retailers.
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Distributes fortified wine tax proceeds as follows: 37% to the Alcoholic Beverage Control Board, 34% to the State General Fund, 20.8% to the Department of Human Resources, and 8.2% to the Department of Mental Health.
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Exempts wholesale transactions between licensed wholesalers from the fortified wine tax, though the board may require written reporting of such transactions.
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Becomes effective on the first day of the third month following passage and approval by the Governor.
Legislative Description
Fortified wine, sale by all valid licensees of Alcoholic Beverage Control Board authorized, Secs. 28-1-3.1, 28-3-1, 28-3-53.2, 28-3-187.1, 28-3A-8, 28-7-16 am'd.; Sec. 28-7-2 repealed; Act 2009-509, 2009 Reg. Sess.; Act 2009-771, 2009 Reg. Sess. am'd.
Alcoholic Beverages
Last Action
Government Appropriations first Substitute Offered
1/26/2010