Hard Cider Exemption Wine Industry Development Act

Alcohol beverages - hard cider - exclusion from Colorado Wine Industry Development Act - exemption from excise tax on produce - appropriation. The act: Removes hard cider from the definition of "wine" for purposes of the "Colorado Wine Industry Development Act"; and Exempts produce used in the production of hard cider from the excise tax deposited in the Colorado wine industry development fund. $2,000 is appropriated to the department of revenue from the general fund for tax administration IT system support. (Note: This summary applies to this bill as enacted.) Read More