Brewers Bill Signed Into Law

GOVERNOR LUJAN GRISHAM HAS SIGNED INTO LAW A BILL THAT CHANGES HOW BREWERIES ACROSS NEW MEXICO ARE TAXED. STARTING JULY 1ST, THOSE COMPANIES WILL BE TAXED 8-CENTS PER GALLON ON THE FIRST 30-THOUSAND BARRELS … THEN 28 CENTS PER GALLON FOR 30-THOUSAND TO 60-THOUSAND BARRELS. THE PREVIOUS TAX WAS 41 CENTS FOR EVERY GALLON..

THE MEASURE ALSO ALLOWS BREWERIES TO SERVE ALCOHOL AT 11 SUNDAY MORNINGS INSTEAD OF WAITING UNTIL NOON AND MAKES IT LESS EXPENSIVE TO PRODUCE BEER.

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