October 22, 2010
Governor Bob McDonnell stopped by King Family Vineyards Friday to sign into law legislation that will promote Virginia wine. The law will work to more than double Virginia's wine industry.
In the past, Virginia's wine industry has received around 33 percent of the wine liter tax placed on all Virginia bottles of wine. The new legislation will increase that number to 100 percent of the liter tax.
The new budgeting will also provide more funds to support research, education in viticulture and technology, and promotion.
"This legislation was about putting a little bit more money into wine advertising, marketing and tourism, so that we can be able to tell the world the story about great Virginia wines," said McDonnell.
Virginia's wine industry will receive $1.3 million in the new fiscal year. In the last fiscal year, the industry received only $580,000.
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