Bill > S1913

This bill proposes to amend the existing law on the taxation of alcoholic beverages in Massachusetts. The key provisions include: 1. Establishing new excise tax rates on various types of alcoholic beverages, including beer, cider, wine, champagne, and spirits, with the rates ranging from $0.1073 per barrel for malt beverages to $7.51 per wine gallon or proof gallon for high-alcohol content beverages. 2. Requiring manufacturers, winegrowers, wholesalers, and importers to pay these excise taxes on sales within Massachusetts, with exceptions for certain uses such as sacramental purposes. 3. Authorizing the Commissioner of Revenue to adjust the excise tax rates every five years to account for inflation. 4. Specifying the allocation of the tax revenue, with 9% going to the Commonwealth's Pension Liability Fund, 50% for public health and wellness purposes, and the remaining balance credited to the General Fund. The bill aims to create a more equitable and comprehensive system for taxing alcoholic beverages in the state, while also directing a portion of the tax revenue towards important public health and retirement-related initiatives.

Budget and Finance

https://malegislature.gov/Bills/192/S1913