Beer Infinity Beer, Brewing & Beyond
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Yup, they’re at it again in Santa Fe, with members of the House of Representatives introducing a bill to raise the excise tax. It appears that the old cliche, monkey see, monkey do, is alive and well at the New Mexico State Legislature. House Bill 398 has been introduced as the mirror version of Senate Bill 314, with both seeking to make serious increases to the excise tax on multiple forms of liquor, including craft beer. This bill has been sponsored by representatives Joanne Ferrary, Miguel Garcia, and Rudy Martinez, a trio of Democrats. Ferrary is from Las Cruces, Garcia is from Albuquerque, and Martinez is from Bayard, a small town near Silver City. It will head to the House Business & Industry Committee, though no date for a hearing has been scheduled. Just like SB314, it will raise the excise tax from 41 cents per gallon to $3.08 for all beer produced above 15,000 barrels per year. That would likely cap any future growth by rapidly expanding breweries such as La Cumbre and Bosque … |
Source: NM Dark Side Brew Crew
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