HB 281 Summary

• Levies a five percent sales tax on the wholesale and retail price of spirituous or vinous liquors sold in Montgomery County by the Alcoholic Beverage Control Board, its stores, or successors.

• Tax is collected by the Alcoholic Beverage Control Board from wholesale and retail purchasers at the time of purchase, using the same collection methods as other alcoholic beverage taxes.

• Tax proceeds are deposited into the Montgomery County general fund and distributed to the Montgomery County district attorney's office, district attorney fund, for office operations.

• Alcoholic Beverage Control Board may withhold five percent of collected taxes for administration and collection costs, not to exceed $2,000 per year.

• Act becomes effective on the first day of the third month following passage and gubernatorial approval, or upon otherwise becoming law.