Bills · 2019-2020 Regular Session
Relating to: credit transactions between beer retailers and beer wholesalers.
Alcohol beverage — Regulation Credit
- Introduced, stopped here
- Passes Senate, not reached
- Passes Assembly, not reached
- Governor signs, not reached
- Law, not reached
Unfamiliar terms? Glossary
What this bill does
Plain-language analysis by the nonpartisan Legislative Reference Bureau
This bill extends, from 15 days to 30 days, the maximum period of credit that
a wholesaler of fermented malt beverages (beer) may extend to a beer retailer.
Under current law, a beer retailer may not purchase or acquire beer from a beer
wholesaler except upon payment of cash or extension of credit for not more than 15
days. A beer retailer indebted for beer purchased or acquired more than 15 days
previously may not purchase or acquire beer from any beer wholesaler and may not
be issued another retail license or permit for the sale of beer.
This bill extends the maximum permissible credit period from 15 days to 30
days.
Sponsors
Full history
- Oct 31, 2019 · Senate
Introduced by Senators Bernier and Nass; cosponsored by Representatives Knodl, Dittrich, Doyle, Duchow, Horlacher, Magnafici, Sortwell, Tusler and Vruwink
- Oct 31, 2019 · Senate
Read first time and referred to Committee on Economic Development, Commerce and Trade
- Apr 1, 2020 · Senate
Failed to pass pursuant to Senate Joint Resolution 1