Signed by the Governor, S.B. 413 revises the excise tax rates for microbrewed beer, cider and craft distillers, with the beer rates revised from the single rate of $.41 per gallon to $.08 per gallon on the first 30,000 barrels, $.28 per gallon for volumes from 30,000 to 60,000 barrels and $.41 for volumes from 60,000 barrels to 200,000.
NM Excise Tax Revision Measure Signed by Governor
Pete Johnson served as the State & Regulatory Affairs Manager for the Brewers Association (BA) until 2024. He joined the BA at its inception in 2005, having previously worked as Programs Director for the Brewers Association of America. Before coming to the small brewing industry in 2001, Pete worked for 14 years with both state and federal elected officials in Pennsylvania and Washington, D.C.
See Pete Johnson's ArticlesLinks:
Pete Johnson served as the State & Regulatory Affairs Manager for the Brewers Association (BA) until 2024. He joined the BA at its inception in 2005, having previously worked as Programs Director for the Brewers Association of America. Before coming to the small brewing industry in 2001, Pete worked for 14 years with both state and federal elected officials in Pennsylvania and Washington, D.C.
See Pete Johnson's Articles