Texas HB4517 amends the Alcoholic Beverage Code to regulate credit sales of liquor from distillers and rectifiers to wholesalers.
Texas HB4517 amends the Alcoholic Beverage Code to impose credit restrictions on liquor sales from distillers and rectifiers to wholesalers. The bill mandates that distillers and rectifiers provide an invoice to wholesalers, which must include the date of purchase. Wholesalers must pay for the liquor within 30 days of receiving the invoice. If a wholesaler fails to pay, the distiller or rectifier can report this to the Alcoholic Beverage Commission.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.