MS HB82

Increases excise tax on distilled spirits from $2.50 to $3.75 per gallon, sparkling wine and champagne from $1.00 to $1.50 per gallon, and other wines from $0.35 to $0.525 per gallon.

Raises the markup on all alcoholic beverages sold by the Alcoholic Beverage Control Division from 3% to 4.5%.

Increases the total markup on alcoholic beverages from 27.5% to 41.25%, inclusive of the new 4.5% markup.

Raises the excise tax on light wines and beer from 42.68 cents to 64.02 cents per gallon for wholesalers, distributors, and brewpubs.

Changes references from "commission" to "department" and "State Tax Commission" to "Department of Revenue" throughout the affected statutes.

Effective July 1, 2015.