Bill > HB230

This bill amends the existing liquor excise tax law in New Mexico. It reduces the percentage of liquor excise tax revenue distributed to the local DWI grant fund from 45% to 12% and the percentage distributed to the drug court fund from 5% to 1.5%. It creates a new "alcohol harms alleviation fund" that will receive 86.25% of the liquor excise tax revenue, to be used for alcohol harm prevention, treatment, and related services. The bill also changes the liquor excise tax rates from the existing per-volume structure to a per-serving structure, with rates of $0.25 per serving, and provides for annual adjustments to these rates based on the consumer price index. Finally, the bill appropriates $200,000 to the Department of Finance and Administration to coordinate proposals for spending the alcohol harms alleviation fund.

Health and Social Services

https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legtype=B&legno=230&year=23