Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Alcohol Beverage Control topic
No spam. Unsubscribe anytime.
Lawmaker says HB 395 would narrow ABC board's "cost of merchandise" for markup calculations
Summary
A lawmaker sponsoring HB 395 told the committee the bill would define "cost of merchandise" for ABC board markup calculations to include only the amount the board pays for case-lot purchases; the committee reported the bill favorably by voice vote.
A lawmaker presented HB 395 to the committee as a clarification to how the Alcoholic Beverage Control (ABC) board calculates its markup on wholesale case-lot sales of liquor.
"Under existing law, the ABC board charges a markup fee on all wholesale case lot sales of liquor," the sponsor said, adding that "the markup can be no more than 16.99% of the cost of merchandise plus its freight cost." The sponsor said HB 395 would provide that the term "cost of merchandise" "shall only include the amount the board pays for case lots of liquor." The sponsor said he would answer questions; none are recorded in the transcript.
A motion to give HB 395 a favorable report was moved and seconded, members voted by voice with no recorded opposition, and the clerk reported HB 395 "is received in favor." The transcript does not include a roll-call or numerical tally and does not specify implementation details beyond the definition change described by the sponsor.
