H.B. No. 3993 proposes amendments to the Alcoholic Beverage Code regarding the taxation of vinous liquor. The bill modifies the tax rates imposed on vinous liquor based on its alcohol content. Specifically, it establishes a tax of 20.4 cents per gallon for vinous liquor containing 16 percent or less alcohol by volume, while a higher tax rate of 40.8 cents per gallon is set for vinous liquor exceeding 16 percent alcohol by volume. The previous threshold for the lower tax rate was 14 percent, which has been updated in the bill.

Additionally, the bill clarifies that the changes in tax rates will not affect any tax liabilities that accrued prior to the effective date of the Act, which is set for September 1, 2025. This means that any tax obligations incurred before this date will still be governed by the former law, ensuring continuity in the collection and enforcement of those taxes.

Statutes affected:
Introduced: Alcoholic Beverage Code 201.04 (Alcoholic Beverage Code 201)
House Committee Report: Alcoholic Beverage Code 201.04 (Alcoholic Beverage Code 201)
Engrossed: Alcoholic Beverage Code 201.04 (Alcoholic Beverage Code 201)