The bill addresses the taxation of low-proof beverages. It aims to establish a new tax structure for beverages with lower alcohol content, potentially impacting their tax rates. The main focus is on adjusting taxes based on the alcohol content of these beverages. This change could lead to significant shifts in the taxation of low-proof drinks and may have implications for consumers, producers, and government revenue related to these products.
2023-01-16: First reading, referred to Regulated Substances & Gaming.
2023-01-24: Public hearing in the House Committee on Regulated Substances & Gaming at 4:00 PM.
2024-01-08: By resolution, reintroduced and retained in present status.
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