Increases dedication of certain revenues to "New Jersey Wine Promotion Account."

This bill increases the portion of wine sales tax dedicated to New Jersey's wine promotion program. It raises the per-gallon tax rate from $0.47 to $0.875 (100% of the tax) for wines, vermouth, and sparkling wines sold by New Jersey wineries. The additional funds will be deposited into the "New Jersey Wine Promotion Account" within the Department of Agriculture. These funds will support research, development, and promotion of New Jersey wine, as directed by existing law and the Wine Industry Advisory Council. The change applies only to wines produced by New Jersey wineries under state license.