SB141 amends Delaware Code to regulate wine and spirits auctions, including licensing and tax responsibilities.
SB141 amends Title 4 of the Delaware Code to regulate wine and spirits auctions. It allows the Commissioner to grant licenses for wine, spirits, or both auctions to qualified applicants. License holders must have an office within the state, though auctions can occur anywhere in the state. Nonprofits can apply for a "wine auction-gathering license" for fundraising. License holders are responsible for collecting and remitting applicable taxes. The bill limits the number of wine and spirits auctions to 12 per year and prohibits auction products from being stocked for further retail sale.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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