Allows transfer and sale of inactive liquor licenses to qualifying smart growth municipalities.
The bill provides for the transfer and sale of inactive liquor licenses to qualifying smart growth municipalities. It defines "inactive license" as a plenary retail consumption license that has been renewed for more than three terms and for which the holder has not received offers to purchase or activate the license. The bill allows a municipality in a smart growth area to purchase an inactive license if it cannot issue enough new licenses due to statutory limits. The purchaser must pay a fee and enter into a contract for the sale.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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