Decreases Alcoholic Beverage Tax rate paid on certain liquors.

This bill preserves New Jersey's current tax rate structure for small distilleries, maintaining a $2.75 per gallon tax rate for liquors produced by distilleries making under 20,000 gallons annually while keeping the $5.50 rate for larger distilleries. It directly affects small New Jersey distilleries by ensuring their tax burden remains lower than that of larger competitors. The change applies immediately to all sales and deliveries after enactment, as specified in the amended tax statute (R.S.54:43-1).