Tabled prior to third consideration in the Senate, S. B. 688 provides a definition of ready-to-drink cocktail to mean a beverage, composed in part of spirits, combined with other nonalcoholic ingredients, carbonated or still, by whatever name such beverage may be called, premixed and packaged in original containers, containing not more than sixteen ounces, provided that it is not mixed or adulterated on the licensed premises of a licensee. It shall mean any beverage consisting of at least one-half of one per centum, but not greater than twelve and one-half per centum, alcohol by volume. It shall not mean any beverage composed, in part, of wine or malt or brewed beverages. It shall be treated like liquor unless the context clearly indicates otherwise. The bill would allow distribution through both the state system and the traditional three-tier and would impose a tax at the rate of 18% of the net price of ready-to-drink cocktails sold for off-premises consumption.