Amends GS 105-113.80 to make hard cider subject to the same excise tax as that levied on malt beverages, which is 61.71 cents per gallon. Defines hard cider in GS 105-113.68. Makes conforming changes to GS 105-113.82 concerning the distribution of the tax, and GS 105-113.83 concerning payment of the tax. Applies to hard cider sold on or after October 1, 2019.
HARD CIDER/REVISE EXCISE TAX RATE.
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| View NCGA Bill Details | 2019-2020 Session |
AN ACT TO MAKE THE EXCISE TAX RATE LEVIED ON HARD CIDER THE SAME AS THE EXCISE TAX RATE LEVIED ON MALT BEVERAGES.Intro. by McGrady.
Status: Re-ref Com On Finance (House action) (May 21 2019)
Bill History:
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Thu, 25 Apr 2019 House: Filed
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Fri, 26 Apr 2019 House: Passed 1st Reading
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Tue, 21 May 2019 House: Reptd Fav
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Tue, 21 May 2019 House: Re-ref Com On Finance
H 995
Bill Summaries:
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Bill H 995 (2019-2020)Summary date: Apr 26 2019 - View Summary
View: All Summaries for Bill