Decreases Alcoholic Beverage Tax rate paid on certain liquors.

This bill (S 1840) reduces the state tax rate for small distilleries that produce 20,000 gallons or less of liquor annually. Currently, all liquor distilleries pay $5.50 per gallon, but this bill lowers the rate to $2.75 per gallon specifically for small producers. The change applies immediately to sales and deliveries starting with the next bimonthly reporting period after enactment. This policy directly affects small craft distilleries by lowering their tax burden to help them compete with larger producers.