LD 841
pg. 2
Page 1 of 2 An Act To Reform the Taxation of Malt Liquor and Wine LD 841 Title Page
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LR 1177
Item 1

 
This bill taxes these products at the uniform rate of 12¢ per
ounce of pure alcohol that each contains. The tax is broken down
as 10¢ for the excise tax to the General Fund and 2¢ as the premium
tax for the prevention fund. This will double revenue to the
General Fund and increase slightly the prevention fund.

 
This bill nearly doubles the tax on beer, triples the tax on
wine and increases the tax on sparkling wine by about 50%.


Page 1 of 2 Top of Page LD 841 Title Page