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HB 1137

Deductions for Certain Losses of Alcoholic Beverages

2026 Regular Session Introduced by Webster Barnaby and 6 co-sponsors

HB 1137 permits businesses to deduct state excise taxes on alcoholic beverages, reducing business tax liability and state revenue unless offset by other fiscal measures.

Chapter No. 2026-41
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Bill Summary · HB 1137

Legislative bill overview

HB 1137 would allow businesses to deduct excise taxes paid on alcoholic beverages from their state tax obligations. The bill is currently in early committee review stages in Florida's legislature after being filed in January 2026.

Why is this important

Excise taxes on alcohol generate significant state revenue used for public health and infrastructure. This deduction would reduce the net tax burden on alcohol distributors and retailers, potentially lowering their effective tax rates while decreasing state revenue collection unless offset elsewhere.

Potential points of contention

  • Revenue impact: Deducting excise taxes reduces state revenue; lawmakers would need to identify offsetting revenue sources or accept lower collections
  • Industry benefit concentration: The deduction primarily benefits alcohol distributors and large retailers rather than consumers, raising equity questions about who benefits
  • Tax policy precedent: Allowing excise tax deductions differs from Florida's typical tax structure; other industries may seek similar treatment, complicating the tax code

Compiled from official sources — confirm details with the bill’s official record.

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