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Senate committee hears bill to cut excise taxes for small wineries
Summary
The Senate Labor & Commerce Committee heard Senate Bill 5054, which would set a reduced excise tax rate for wineries that sell 20,000 gallons or less in a calendar year; supporters said the change would aid small family wineries, while witnesses and staff raised questions about interstate application and fiscal impact.
The Washington Senate Committee on Labor & Commerce on Jan. 24 heard testimony on Senate Bill 5054, a proposal to reduce the excise tax on table wine and cider for qualifying small wineries.
Committee staff member Marlon Ioannes summarized the bill, saying, “Senate Bill 5054 relates to tax exemptions for wineries in Washington. … This bill subjects a winery that sells less than a combined total of 20,000 gallons of table wine or cider in a calendar year to a reduced tax rate.” He noted the bill includes a tax preference performance statement and that a fiscal note had been requested but was not yet available.
The bill would lower the tax rate for qualifying sales to a new rate of 0.0528¢ per liter and would exempt qualifying wineries from most other excise taxes on table wine or cider, except for taxes whose revenue is distributed to the Washington Wine Commission. Under the bill,…
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