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Bill would let licensees choose gross or net for concession revenue sharing (House Bill 391)
Summary
House Bill 391 would add the words 'or net' to an existing statutory option so alcohol licensees and concessionaires may use gross or net alcoholic beverage sales to calculate revenue sharing. Proponents from hospitality and restaurant sectors said the change is a narrow bookkeeping fix that reduces frequent contract amendments and imposes no change to safety or licensing responsibilities.
Representative Curtis Schomer told the committee House Bill 391 inserts the phrase "or net" into the concession agreement revenue‑sharing option so parties may elect percentage of gross or net alcoholic beverage sales when compensating concessionaires. Schomer said the change is a simple, two‑word…
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