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AL SB98
Bill
AI Summary
SB98 Summary
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Allows fortified wine to be sold by any licensee of the Alcoholic Beverage Control Board, removing previous restrictions on which licensees could sell fortified wine.
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Imposes a tiered excise tax on table wine: $0.45 per liter for wine with 16.5% alcohol or less, and $2.42 per liter for wine with more than 16.5% alcohol.
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Distributes tax proceeds from higher-alcohol wine 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-to-wholesale wine transactions from the excise tax and requires the board to allow 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
Wine, fortified wine, sale by all licensees of Alcoholic Beverage Control Board authorized, additional excise tax levied, distrib. to Alcoholic Beverage Control Board, State General Fund, Human Resources Department, and Mental Health Department, Secs. 28-1-3.1, 28-3-1, 28-3-53.2, 28-3-168, 28-3-187.1, 28-3A-8, 28-7-16 am'd.; Sec. 28-7-2 repealed
Alcoholic Beverage Control Board
Last Action
Assigned Act No. 2010-607.
4/22/2010