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BILL AS INTRODUCED 2007-2008

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S.29

Introduced by Senator Ayer of Addison District and Senator Giard of Addison District

Referred to Committee on

Date:

Subject:  Alcoholic beverages: malt beverages; producers; retail liquor licensing

Statement of purpose:  This bill proposes to create the same limits on holding an interest in a Vermont retail liquor license for both in-state and out-of-state producers of malt beverages.  

AN ACT RELATING TO HOLDING AN INTEREST IN RETAIL LIQUOR LICENSES BY PRODUCERS OF MALT BEVERAGES

It is hereby enacted by the General Assembly of the State of Vermont:

Sec. 1.  7 V.S.A. § 230(a) is amended to read:

(a)  Except as provided in subdivision 2(15) of this title, a bottler, manufacturer, or rectifier, bottler licensed in Vermont or another state, a certificate of approval holder, or wholesale dealer shall not have any financial interest in the business of a first, second, or third class license, and a first, second, or third class licensee may not have any financial interest in the business of a bottler, manufacturer, or rectifier, bottler licensed in Vermont or another state, a certificate of approval holder or wholesale dealer.  However, a holder of a certificate of approval or a manufacturer of malt beverages may have a financial interest in the business of a first or second class license, and a first or second class licensee may have a financial interest in the business of a manufacturer of malt beverages, provided a first or second class licensee does not purchase, possess, or sell the malt beverages produced by a manufacturer with which there is any financial interest.  However, a certificate of approval holder for malt beverages or a certificate of approval holder for vinous beverages who is a manufacturer or rectifier may own a licensed retail business so long as the ownership is total and unconditional.  All licenses or permits granted under this title shall be conspicuously displayed on the premises for which the license or permit is granted.  Any manufacturer of malt beverages that has a financial interest in a first or second class licensee and any first or second class licensee that has a financial interest in a manufacturer of malt beverages, as permitted under this section, shall provide to the department of liquor control and the applicable wholesale dealer written notification of that financial interest and the licensees involved.  A wholesale dealer shall not be in violation of this section for delivering malt beverages to a first or second class licensee that is prohibited from purchasing, possessing, or selling those malt beverages under this section.



Published by:

The Vermont General Assembly
115 State Street
Montpelier, Vermont


www.leg.state.vt.us