Bill Text: NJ S1201 | 2024-2025 | Regular Session | Introduced
Bill Title: Reduces alcoholic beverage tax rate on cider and low-percentage alcohol by volume liquors.
Spectrum: Bipartisan Bill
Status: (Introduced) 2024-01-09 - Introduced in the Senate, Referred to Senate Law and Public Safety Committee [S1201 Detail]
Download: New_Jersey-2024-S1201-Introduced.html
STATE OF NEW JERSEY
221st LEGISLATURE
PRE-FILED FOR INTRODUCTION IN THE 2024 SESSION
Sponsored by:
Senator JAMES BEACH
District 6 (Burlington and Camden)
Senator HOLLY T. SCHEPISI
District 39 (Bergen)
SYNOPSIS
Reduces alcoholic beverage tax rate on cider and low-percentage alcohol by volume liquors.
CURRENT VERSION OF TEXT
Introduced Pending Technical Review by Legislative Counsel.
An Act reducing the alcoholic beverage tax rate on cider and low-percentage alcohol by volume liquors, amending R.S.54:43-1.
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. R.S.54:43-1 is amended to read as follows:
54:43-1. Tax rates. There are hereby levied and imposed upon any sale of alcoholic beverages made within this State or upon any delivery of alcoholic beverages made within or into this State the following excise taxes:
a. Beer [--From July 1, 1990 through June 30, 1992, at the rate of $0.10 a gallon or fraction thereof and on or after July 1, 1992, at the rate of] : $0.12 a gallon or fraction thereof.
b. Liquors [--From July 1, 1990 through June 30, 1992, at the rate of $4.20 a gallon, on or after July 1, 1992 through July 31, 2009, at the rate of $4.40 a gallon and on or after August 1, 2009, at the rate of] : $5.50 a gallon , except that liquors containing less than 9.9 percent of alcohol by volume shall be taxed at $0.12 a gallon.
c. (Deleted by amendment, P.L.1972, c.53.)
d. (Deleted by amendment, P.L.1972, c.53.)
e. Wines, vermouth and sparkling wines [--From July 1, 1990 through June 30, 1992, at the rate of $0.50 a gallon, on or after July 1, 1992 through July 31, 2009, at the rate of $0.70 a gallon; and on or after August 1, 2009, at the rate of] : $0.875 a gallon, provided however, that cider containing at least three and two-tenths per centum (3 2/10 %) of alcohol by volume but not more than 7 per centum (7%) of alcohol by volume shall be taxed at the rate of [$0.15] $0.12 a gallon.
(cf: P.L.2009, c.71, s.1)
2. This act shall take effect the first day of the fourth month following enactment.
STATEMENT
This bill reduces the alcoholic beverage tax rate on cider and low-percentage alcohol by volume (ABV) liquors so that they match the tax rate for beer. Under current law governing the excise tax on alcoholic beverages, cider is taxed at $0.15 a gallon and beer is taxed at $0.12 a gallon. This bill reduces the rate on cider to $0.12 a gallon to match the tax rate for beer.
Low-percentage ABV liquors, such as canned cocktails, are currently taxed at the rate for liquor, which is $5.50 a gallon. Under the bill, liquors with lower than 9.9 percent ABV are to be taxed at $0.12 a gallon to match the tax rate for beer.
