Reduces alcoholic beverage tax rate on cider and low-percentage alcohol by volume liquors.

This bill reduces New Jersey's tax rate on cider and low-alcohol beverages to match the beer tax rate. Currently, cider (3.2%-7% alcohol by volume) is taxed at $0.15 per gallon, while beer pays $0.12 per gallon. The bill lowers cider's tax to $0.12/gallon and also reduces the tax on low-alcohol liquors (<9.9% ABV) from $5.50/gallon to $0.12/gallon. This change directly affects cider producers, beverage manufacturers selling low-alcohol products, and state revenue from these specific alcohol categories. The tax adjustment aims to align treatment between similar products without altering broader alcohol tax structures.