HI HB1374

Creates a new category called "low alcohol by volume spirits beverage" for alcoholic beverages containing not more than 7% alcohol by volume, including distilled spirits mixed with other ingredients

Establishes reduced tax rates effective July 1, 2025 for Class 18 small craft producer pub licensees: $1.98/gallon on distilled spirits (down from $5.98), $1.38/gallon on sparkling wine (down from $2.12), $0.90/gallon on still wine (down from $1.38), $0.55/gallon on cooler beverages (down from $0.85), and $0.35/gallon on beer

Sets a new tax rate of $1.28 per wine gallon specifically for low alcohol by volume spirits beverages produced by small craft producer pub licensees

Increases the maximum annual malt beverage production limit for Class 18 small craft producer pub licensees from 70,000 barrels to 175,000 barrels