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CO SB084

Bill

Status

Introduced

1/25/2013

Primary Sponsor

David Balmer

Click for details

Origin

Senate

2013 Regular Session

AI Summary

  • Authorizes alcohol beverage suppliers to offer cumulative discount programs that provide price discounts, account credits, or rebates to retailers for meeting specified purchase goals.

  • Requires that the total amount paid by retailers for products, after subtracting any reward or compensation, must exceed the supplier's laid-in cost for those products.

  • Prohibits suppliers from conditioning cumulative discount programs on retailer commitments to prominently display the supplier's products or exclude competitor products.

  • Rewards under cumulative discount programs may only be provided and accepted if the retailer meets the previously specified purchase goal.

  • Adds definitions for "cumulative discount program," "retailer," and "supplier" to Colorado Revised Statutes 12-47-103.

Legislative Description

Authorize Alcohol Bev Cumulative Discount Programs

Last Action

Senate Committee on State, Veterans, & Military Affairs Postpone Indefinitely

2/27/2013

Committee Referrals

State, Veterans, & Military Affairs1/25/2013

Full Bill Text

No bill text available