HB20-1306
Excise Tax Credit Unsalable Alcohol Beverages
| Type | Bill |
|---|---|
| Session | 2020 Regular Session |
| Subjects |
Concerning the repeal of the refund or credit for the amount of previously paid excise tax on alcohol beverages that are rendered unsalable by reason of destruction or damage.
Bill Summary:
Under current law, manufacturers and distributors of alcohol beverages are allowed to receive a refund or credit for the amount of excise tax on alcohol beverages that they previously paid for alcohol beverages that later became unsalable due to damage or destruction. The bill repeals this refund or credit as of January 1, 2021.
(Note: This summary applies to this bill as introduced.)
Prime Sponsors
Representative
Adrienne Benavidez
Committees
Related Documents & Information
| Date | Version | Documents |
|---|---|---|
| 02/20/2020 | Introduced |
| Activity | Vote | Documents |
|---|---|---|
| Postpone House Bill 20-1306 indefinitely. | The motion passed on a vote of 11-0. | Vote summary |
| Date | Location | Action |
|---|---|---|
| 05/27/2020 | House | House Committee on Business Affairs & Labor Postpone Indefinitely |
| 02/20/2020 | House | Introduced In House - Assigned to Business Affairs & Labor + Finance + Appropriations |