The bill proposes the repeal of the excise tax on malt beverages and amends various sections of the law regarding the importation of alcoholic beverages for personal use. Key changes include the removal of the requirement for licensed malt beverage wholesalers to report and pay state excise tax on imported products. Additionally, the bill specifies that an excise tax will no longer be assessed on malt beverages, while maintaining taxes on wine and spirituous liquors. The language has been updated to refer to "alcoholic liquors" instead of "alcoholic or malt beverages" in several instances, reflecting the focus on liquors.

Furthermore, the bill establishes new limitations on the personal importation of alcoholic liquors, allowing individuals to bring in specific quantities of liquor, wine, and malt beverages without prior authorization, provided that applicable state excise taxes have been paid. The bill also clarifies the process for confiscation of untaxed alcoholic liquors by authorized inspectors and outlines the disposition of such items upon conviction of tax violations. The effective date for these changes is set for July 1, 2025.

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