SB19-142
Hard Cider Exemption Wine Industry Development Act
Concerning the exclusion of hard cider from the "Colorado Wine Industry Development Act", and, in connection therewith, making an appropriation.
Session:
2019 Regular Session
Subject:
Bill Summary
Liquor, Tobacco, & Marijuana
Alcohol beverages - hard cider - exclusion from Colorado Wine Industry Development Act - exemption from excise tax on produce - appropriation. The act:
- Removes hard cider from the definition of "wine" for purposes of the "Colorado Wine Industry Development Act"; and
- Exempts produce used in the production of hard cider from the excise tax deposited in the Colorado wine industry development fund.
$2,000 is appropriated to the department of revenue from the general fund for tax administration IT system support.
(Note: This summary applies to this bill as enacted.)