Iowa HF830 amends the wholesale pricing of alcoholic liquor sold by the Department of Revenue.

Iowa HF830 modifies the pricing structure for alcoholic liquor sold by the Department of Revenue. The bill changes the calculation of the wholesale price to use the higher of the manufacturer’s price or the minimum unit price. It also allows a markup of up to 50% of the wholesale price, provided the average return on all sales does not exceed the wholesale price plus the markup. The minimum unit price is defined as 50 cents per 18 milliliters of alcohol.

Iowa HF830 amends the wholesale pricing of alcoholic liquor sold by the Department of Revenue.

Iowa HF830 modifies the pricing structure for alcoholic liquor sold by the Department of Revenue. The bill changes the calculation of the wholesale price to use the higher of the manufacturer’s price or the minimum unit price. It also allows a markup of up to 50% of the wholesale price, provided the average return on all sales does not exceed the wholesale price plus the markup. The minimum unit price is defined as 50 cents per 18 milliliters of alcohol.