Connecticut has reduced the excise tax on beer by 16.7%. The lower tax took effect on July 1. The tax cut is the result of the biennial state budget that Governor Lamont and the state legislature approved in 2021.
“Connecticut’s craft brewery industry has been booming in recent years, and it is evidenced by the growth of hundreds of new local jobs,” Governor Lamont stated in a press release. “This tax cut is another way that we can support our locally-owned, small businesses.”
According to the Connecticut Brewers’ Guild, the state has more than 120 locally-owned breweries.
The new tax on beer is $6.00 per barrel, a drop from the previous $7.20 per barrel. The tax on wine was also reduced to $0.20 per gallon from the previous $0.24 per gallon.