Wyoming farm winery permits.

05LSO-0568.L1

                                                         

FISCAL NOTE

 

	FY 2006	FY 2007	FY 2008
NON-ADMINISTRATIVE IMPACT
Anticipated Revenue Increase:
ENTERPRISE FUND	2,750	5,500	8,250

 

Source of revenue increase:

 

License fees and excise tax on fermented liquors produced from Wyoming wineries.

 

Assumptions:

 

Assumed that the license authority would become the Liquor Division's as opposed to the local license authority under current statute. There would be no more than three (3) wineries that would request licenses.  Local licenses authorities only license three (3) currently. License fee revenue is estimated at $300 in FY 2006, $600 in FY 2007 and $900 in FY 2008.

 

Excise tax on fermented liquors produced from Wyoming wineries is estimated at $2,450 in FY 2006, $4,900 in FY 2007, and $7,350 in FY 2008, using maximum production of $50,000 gallons annually.

 

 

 

 

 

 

 

 

Prepared by:   William J. Pomeroy, Dept. of Rev.     Phone:   777-6448