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CO SB118
Bill
AI Summary
- Eliminates the requirement that restaurants and hotels with alcohol licenses must derive at least 25 percent of gross income from food and beverage sales
- Modifies Colorado Revised Statutes 12-47-411 to measure the 25 percent threshold "over any period of time of at least one year" instead of enforcing it as an ongoing requirement
- Allows restaurants to sell alcohol only to customers and only when meals are actually and regularly served
- Allows hotels to sell alcohol only to hotel customers and on licensed premises where meals are actually and regularly served, except in hotel rooms
- Takes effect August 8, 2012, subject to voter approval if a referendum petition is filed within 90 days after final adjournment of the general assembly
Legislative Description
Repeal 25 Percent Food Threshold Liquor License
Last Action
Governor Action - Signed
5/24/2012
Committee Referrals
Local Government3/6/2012
Committee of the Whole2/28/2012
Local Government1/31/2012
Full Bill Text
No bill text available