HI HB1991

Replaces Hawaii's liquor tax categories (distilled spirits, wine, beer, draft beer, cooler beverages) with four new alcohol-by-volume tiers: 0.5-10%, 10-15%, 15-40%, and over 40% alcohol content.

Creates a preferential tax rate of $0.75 per gallon for beer manufactured by small craft producer pub licensees holding a class 18 license.

Adjusts liquor tax rates to account for inflation since 1998, when current rates were last set, using the Consumer Price Index for All Urban Consumers (CPI-U).

Eliminates definitions for "distilled spirits," "draft beer," "sparkling wine," "still wine," and "wine" from the tax code in favor of the new alcohol-by-volume classification system.

Takes effect July 1, 3000 (placeholder date), with the current 1998 tax rates remaining in effect until June 30, 2026.