The bill proposes the repeal of the excise tax on malt beverages in Wyoming, making significant amendments to existing laws regarding the sale and taxation of alcoholic beverages. Specifically, it removes the requirement for licensed malt beverage wholesalers to report and pay state excise tax on malt beverages imported into the state. Additionally, the bill amends the excise tax structure, maintaining taxes on wine and spirituous liquors while eliminating the tax on malt beverages altogether.

Furthermore, the bill clarifies that no excise tax will be assessed on malt beverages, and it updates the language regarding the possession and transportation of alcoholic beverages without paid taxes. The effective date for this legislation is set for July 1, 2023. Overall, the bill aims to simplify the regulatory framework surrounding malt beverages and reduce the financial burden on wholesalers in Wyoming.

Statutes affected:
Introduced: 12-2-201, 12-2-302, 12-3-101, 12-3-102