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Who cares
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Sponsors
Senator · Senate District 59
No co-sponsors yet.
History
- Referred to investigations and government operations
- Referred to investigations and government operations
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
An act to amend the alcoholic beverage control law, in relation to terms of sale of alcoholic beverages
Purpose
This bill will provide manufacturers and wholesalers greater flexibility in developing payment plans with retailers.
Summary of provisions
Section 1. Amends paragraph a of subdivision 1 of section 101-aa of the alcoholic beverage control law to define credit period as a period beginning on the date alcoholic beverages are delivered and ending sixty days thereafter.
Existing law
Currently, credit period is defined as a period beginning on the date alcoholic beverages are delivered and ending thirty days thereafter.
Justification
The current thirty-day credit period that manufacturers and wholesalers are required to limit retailers to is onerously short. A sixty-day credit period is more appropriate.
Legislative history
2013-14: S.354 Referred to Investigations and Government Operations
Fiscal implications
None.
Effective date
Immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.