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Bill > S3614


NJ S3614

Dedicates sales tax revenues collected on retail sales of locally produced wine for promotion of New Jersey wine.


summary

Introduced
09/19/2024
In Committee
09/19/2024
Crossed Over
Passed
Dead

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill dedicates a portion of the State sales tax revenues collected on the retail sales of wine to support the promotion of New Jersey wines. The tax revenue annually collected from the sales and use tax collected on certain retail sales of wine produced at a winery in this State, including wine sold in bottles or other containers and sold in the ordinary course of business for consumption by the glass on a vendor's business premises, will be credited to the "New Jersey Wine Promotion Account" in the Department of Agriculture. The annual appropriation of this revenue will be used by the Secretary of Agriculture for research and development concerning the viticultural and wine-making processes in the State and for the promotion of New Jersey wine, consistent with the recommendations of the New Jersey Wine Industry Advisory Council. The dedication and separate record keeping requirements for New Jersey produced wine will not apply to the sales tax on sales of wine by any vendor that regularly and principally provides meals to its customers through kitchen and dining facilities.

AI Summary

This bill dedicates a portion of the state sales tax revenue collected on the retail sales of wine produced at wineries in New Jersey to the "New Jersey Wine Promotion Account" in the Department of Agriculture. The funds in this account will be used by the Secretary of Agriculture for research, development, and promotion of the New Jersey wine industry, in accordance with the recommendations of the New Jersey Wine Industry Advisory Council. The bill also requires retail sellers of New Jersey-produced wine to separately state and record the sales tax collected on those sales, which will be used to determine the amount of annual dedication to the promotion account.

Committee Categories

Justice

Sponsors (1)

Last Action

Introduced in the Senate, Referred to Senate Law and Public Safety Committee (on 09/19/2024)

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