1.1 	A bill for an act
1.2 	relating to taxation; liquor; providing a credit for small wineries;amending 
1.3 	Minnesota Statutes 2016, section 297G.03, by adding a subdivision.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. Minnesota Statutes 2016, section 297G.03, is amended by adding a subdivision 
1.6 	to read:
1.7 		Subd. 6.Small winery credit. (a) A qualified winery producing wine or cider is entitled 
1.8 	to a tax credit equal to the excise tax due under subdivision 1, paragraphs (b) to (g), on the 
1.9 	wine or cider sold in any fiscal year beginning July 1. A qualified winery may take the credit 
1.10 	on the 18th day of each month, but the total credit allowed may not exceed, in any fiscal 
1.11 	year, the lesser of:
1.12 	(1) the liability for tax; or
1.13 	(2) $136,275.
1.14 	(b) For purposes of this subdivision, "qualified winery" means a winery, whether or not 
1.15 	located in this state, manufacturing fewer than 75,000 gallons of wine and cider annually.

1.16 	EFFECTIVE DATE. This section is effective July 1, 2017.