What's happening
This bill allows retail stores to sell alcoholic beverages on credit to individuals if the order is at least $200.
Why it matters
Expands consumer purchasing options. by allowing individuals to buy alcohol on credit for large orders ($200 or more), which could make it easier for people to plan events or make bulk purchases without immediate payment.
Potentially increases sales for retailers. , as customers who might not have the full amount upfront could now make larger purchases, possibly boosting business for liquor stores.
Introduces new financial and legal considerations. for both retailers and consumers, such as managing credit risk, setting terms for repayment, and possibly leading to new store policies or contracts around alcohol credit purchases.
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Who cares
Headline styles
Allow Alcohol Credit Over $200
Plain English, a few words. Used as the page title.
Sponsors
No co-sponsors yet.
History
- Referred to investigations and government operations
- Referred to investigations and government operations
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Allow Alcohol Credit Over $200
In Assembly Committee · Economic Development · Sponsor Amy Paulin
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
1901
2019-2020 Regular Sessions
IN SENATE
January 17, 2019
Introduced by Sen. GALLIVAN -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Government Operations
AN ACT to amend the alcoholic beverage control law, in relation to providing alcoholic beverages on credit to an individual person
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Section 100 of the alcoholic beverage control law is amended by adding a new subdivision 6-a to read as follows:
6-a. Notwithstanding subdivision five of this section, a retail licensee for off-premises consumption may sell, deliver, give away, hold or store, or cause, permit or procure to be sold, delivered, given away, held or stored, any alcoholic beverage on credit to any individual person, provided that the order on credit is at least two hundred dollars. The provision of this subdivision shall still apply if the retail licensee retains the alcoholic beverage for the individual person.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD03833-01-9
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Sponsor's memo
Title of bill
An act to amend the alcoholic beverage control law, in relation to providing alcoholic beverages on credit to an individual person
Purpose or general idea of bill
To permit alcoholic beverage retailers to extend store credit to indi- viduals on orders of at least $200.
Summary of specific provisions
Section one amends the alcoholic beverage control law by adding a new subdivision 6-a which states that notwithstanding the provisions of subdivision five of section 100 of the alcoholic and beverage control law, a retail licensee for off-premises consumption may sell, deliver, give away, hold or store, or cause, permit or procure to be sold, deliv- ered, given away, held or stored, any alcoholic beverage on credit to any individual person, provided that the order on credit is at least two hundred dollars. This exemption applies even if the retail licensee retains the alcoholic beverage for the individual person.
Section two provides the effective date.
Justification
Currently, a wine and liquor retailer may accept credit cards for payment of merchandise, but may not extend its own credit. This is often problematic for individual wine collectors, who are usually contacted by retail licensees with potential purchases. Often these customers do not even pick up their purchase, and the retail licensee places their order in storage. By lifting this restriction, wine and liquor retailers can bill though the use of an invoice, while still retaining the customer's purchase, and operate in conformance with standard business practices.
Prior legislative history
2017-18: S.4354/A.2993 Advanced to 3rd Reading/Referred to Economic Development
Fiscal implication
None
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.