Bill
Bill > A3059
summary
Introduced
02/20/2020
02/20/2020
In Committee
02/20/2020
02/20/2020
Crossed Over
Passed
Dead
01/11/2022
01/11/2022
Introduced Session
2020-2021 Regular Session
Bill Summary
This bill increases the dedication of certain revenues to the "New Jersey Wine Promotion Account" in the Department of Agriculture. Under current law, wines, vermouth, and sparkling wines are subject to a $0.875 per gallon tax pursuant to the "Alcoholic Beverage Tax Law," (R.S.54:41-1 et seq.). Of the $0.875 per gallon tax currently imposed, an amount equal to $0.47 per gallon on all sales of wines, vermouth, and sparkling wines produced by New Jersey wineries is dedicated to the "New Jersey Wine Promotion Account." The bill increases the dedication rate from $0.47 per gallon to $0.875 per gallon, which equals 100 percent of the tax imposed on these beverages.
AI Summary
This bill increases the dedication of certain revenues to the "New Jersey Wine Promotion Account" in the Department of Agriculture. Specifically, it increases the dedication rate from $0.47 per gallon to $0.875 per gallon on all sales of wines, vermouth, and sparkling wines produced by New Jersey wineries, which equals 100% of the tax imposed on these beverages. This change aims to provide more funding for research, development, and promotion of the New Jersey wine industry.
Committee Categories
Agriculture and Natural Resources
Sponsors (4)
Last Action
Introduced, Referred to Assembly Agriculture Committee (on 02/20/2020)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| BillText | https://www.njleg.state.nj.us/2020/Bills/A3500/3059_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2020/Bills/A3500/3059_I1.PDF |
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