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MS HB183

Bill

Official Source

Status

Failed

2/26/2014

Primary Sponsor

Bob Evans

Click for details

Origin

House of Representatives

2014 Regular Session

AI Summary

  • Increases excise tax on distilled spirits from $2.50 to $3.75 per gallon
  • Increases excise tax on sparkling wine and champagne from $1.00 to $1.50 per gallon
  • Increases excise tax on other wines from $0.35 to $0.525 per gallon
  • Increases markup on all alcoholic beverages sold by the department from 3% to 4.5%
  • Increases overall department markup from 27.5% to 41.25% (inclusive of the 4.5% markup)
  • Increases excise tax on light wine and beer from 42.68¢ to 64.02¢ per gallon
  • Changes references from "commission" to "department" and "State Tax Commission" to "Department of Revenue"
  • Effective July 1, 2014

Legislative Description

Alcohol; increase excise tax and markup on alcoholic beverages, increase excise tax on beer.

Last Action

Died In Committee

2/26/2014

Committee Referrals

Ways and Means1/13/2014

Full Bill Text

No bill text available