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Committee advances bill to protect wholesalers when breweries are sold
Summary
The Assembly Governmental Organization Committee voted to send AB 344 (Valencia) to the Appropriations Committee. The bill would expand the definition of “successor beer manufacturer” to ensure wholesalers are compensated when a brewery changes hands, a fix prompted by a recent court ruling.
Assemblymember Valencia’s AB 344, which would update the statutory definition of “successor beer manufacturer” to ensure beer wholesalers can receive fair market compensation when a brewery is sold, was advanced by the Assembly Governmental Organization Committee to the Appropriations Committee.
Supporters told the committee the bill closes a gap created by a recent court ruling. "California's beer wholesalers play a vital role in ensuring consumers have access to a wide variety of products while…
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