Honorable Tracy O. King, Chair, House Committee on Licensing & Administrative Procedures
FROM:
John McGeady, Assistant Director Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:
HB849 by Guillen (Relating to the status and taxation of powdered alcohol as an alcoholic beverage.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Alcoholic Beverage Code relating to the status and taxation of powdered alcohol as an alcoholic beverage.
The bill would amend Section 1.04, regarding definitions, to add powdered alcohol to the definition of an alcoholic beverage. The bill would amend Section 201.03, regarding the tax on distilled spirits, to impose the tax on powdered alcohol at the rate of $2.40 per gallon based on the amount of liquid suggested to be added by the manufacturer's packaging.
The bill's provisions could lead to increased liquor tax revenue collections; the increased amounts, however, cannot be determined but are not anticipated to be significant.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies:
304 Comptroller of Public Accounts, 458 Alcoholic Beverage Commission