H0790B1207A00528 AJM:ENP 03/19/13 #90 A00528
AMENDMENTS TO HOUSE BILL NO. 790
Sponsor: REPRESENTATIVE PETRI
Printer's No. 1207
1Amend Bill, page 2, line 31, by striking out "and further"
2Amend Bill, page 2, line 32, by striking out "providing" and
3inserting
4 for distributor license buy back program,
5Amend Bill, page 2, line 34, by striking out the comma after
6"license" and inserting
7 and
8Amend Bill, page 142, line 5, by striking out "a section" and
9inserting
10 sections
11Amend Bill, page 143, by inserting between lines 25 and 26
12Section 431.3. Distributor License Buy Back Program.--(a)
13The board shall buy back the license of any distributor licensee
14issued under section 431 that:
15(1) determines not to purchase a wine and spirits retail
16license pursuant to Article III-A; and
17(2) attempts to sell the distributor license in the county
18in which it is located for the same amount of money for which
19the license was originally purchased.
20(b) The board shall repurchase the distributor license for
21two times the gross sales of that particular distributor.
22(c) In the case of a distributor license that the board has
23repurchased, the board shall offer that license on a first-come,
24first-served basis in the county in which the license was
25originally located for the same amount for which that license
26was repurchased.