44th legislature - STATE OF NEW MEXICO - second session, 2000

RELATING TO TAXATION; AMENDING A SECTION OF THE LIQUOR EXCISE TAX ACT TO CHANGE CERTAIN PROVISIONS PERTAINING TO THE LIQUOR EXCISE TAX RATES IMPOSED ON AMOUNTS OF WINE PRODUCED BY SMALL WINERS AND WINEGROWERS.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

Section 1. Section 7-17-5 NMSA 1978 (being Laws 1993, Chapter 65, Section 8, as amended) is amended to read:

"7-17-5. IMPOSITION AND RATE OF LIQUOR EXCISE TAX.--There is imposed on any wholesaler who sells alcoholic beverages on which the tax imposed by this section has not been paid an excise tax, to be referred to as the "liquor excise tax", at the following rates on alcoholic beverages sold:

A. on spirituous liquors, one dollar sixty cents ($1.60) per liter;

B. on beer, except as provided in Subsection E of this section, forty-one cents ($.41) per gallon;

C. on wine, except as provided in Subsections D and F of this section, forty-five cents ($.45) per liter;

D. on fortified wine, one dollar fifty cents ($1.50) per liter;

E. on beer manufactured or produced by a microbrewer and sold in this state; provided that proof is furnished to the department that the beer was manufactured or produced by a microbrewer, twenty-five cents ($.25) per gallon;

F. on wine manufactured or produced by a small winer or winegrower and sold in this state; provided that proof is furnished to the department that the wine was manufactured or produced by a small winer or winegrower, [ten cents ($.10)] thirty-seven cents ($.37) per [liter] gallon on the first [eighty thousand liters] twenty thousand six hundred fifty gallons sold and [twenty cents ($.20)] seventy-five cents ($.75) per [liter] gallon on all [liters] gallons sold over [eighty thousand liters] twenty thousand six hundred fifty gallons but less than [three hundred seventy-five thousand liters] two hundred fifty thousand gallons; and

G. on cider, forty-one cents ($.41) per gallon."

Section 2. EFFECTIVE DATE.--The effective date of the provisions of this act is July 1, 2000.