Clarify the Law Relating to Corporate Income Tax Nexus and the Shipment of Spirits into the State

Last updated: Mar 10, 2020

Details about this bill
Category: Alcohol / Tobacco / Guns
Status: In Committee
Sponsor: Senator Heather Sanborn, Senate 28 - Cumberland County
Session: 129
Bill #: LD 1993



UPDATE: This bill received an Ought to Pass as Amended vote from the committee.


This bill exempts from the corporate income tax a manufacturer of alcoholic spirits located outside of this State whose only nexus with the State is the storage of that manufacturer's spirits in a warehouse operated or approved for operation by the Department of Administrative and Financial Services, Bureau of Alcoholic Beverages and Lottery Operations.