Relating to a tax credit for wine marketing activity; prescribing an effective date.
Catchline/Summary:
Modifies credit against wine privilege tax for marketing activity by allowing credit for promotion of specific brands of wine or wine products and by increasing percentage of costs allowed as credit. Modifies credit against wine privilege tax for marketing activity by allowing credit for promotion of specific brands of wine or wine products and by increasing percentage of costs allowed as credit.
Applies to tax years beginning on or after January 1, 2015.
Takes effect on 91st day following adjournment sine die.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
Revenue Impact:
May Have Revenue Impact, But No Statement Yet Issued
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HB 3462 House Committee On Revenue
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