MS HB592

Increases excise tax on distilled spirits to $3.75 per gallon, sparkling wine and champagne to $1.50 per gallon, and other wines to $0.525 per gallon.

Increases markup on all alcoholic beverages sold by the Alcoholic Beverage Control Division to 4.5%, with revenue deposited to the Mental Health Programs Fund.

Increases total markup on alcoholic beverages to 41.25%, inclusive of the 4.5% markup imposed by the excise tax provisions.

Increases excise tax on light wine and beer to 64.02 cents per gallon for wholesalers, distributors, and brewpubs.

Takes effect July 1, 2010.