Enacts the New York Farm Distillery RTD Excise Tax Bill establishing a beer-equivalent excise tax rate for certain low-alcohol ready-to-drink spirits products manufactured by eligible New York farm distilleries and small craft distilleries; provides for the repeal of such provisions upon the expiration thereof.
Authorizes the state liquor authority to grant retailers of wine and spirits to operate up to two outlets; establishes the New York distilled spirits and wine industry marketing and promotion fund.