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CO SB084
Bill
Status
1/25/2013
Primary Sponsor
David Balmer
Click for details
AI Summary
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Authorizes alcohol beverage suppliers to offer cumulative discount programs that provide price discounts, account credits, or rebates to retailers for meeting specified purchase goals.
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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.
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Prohibits suppliers from conditioning cumulative discount programs on retailer commitments to prominently display the supplier's products or exclude competitor products.
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Rewards under cumulative discount programs may only be provided and accepted if the retailer meets the previously specified purchase goal.
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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