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HI HB136

Bill

Status

Passed

6/24/2021

Primary Sponsor

Chris Todd

Click for details

Origin

House of Representatives

2021 Regular Session

AI Summary

  • Amends Hawaii liquor licensing law to include limited liability companies (LLCs) in provisions governing partnership and corporate license transfers.

  • Requires licensees to notify the Liquor Commission within 30 days of admitting or withdrawing partners, limited partners, or LLC members, and authorizes the Commission to revoke or suspend licenses if these individuals do not meet statutory requirements under HRS 281-45.

  • Allows the Commission to suspend or revoke licenses if a licensee transfers business control without prior approval, including through undisclosed management agreements, or if new partners or members do not meet statutory qualifications.

  • Requires LLC licensees to obtain Commission approval within 30 days for ownership transfers involving 25% or more of membership interest, and to notify the Commission of new officers, directors, managers, or members within 30 days.

  • Takes effect January 5, 2022, and establishes that LLCs with felony convictions may receive licenses if their managers and members holding 25% or more meet statutory requirements to hold a license.

Legislative Description

Relating To Liquor Licenses.

Limited Liability Companies

Last Action

Act 066, 06/23/2021 (Gov. Msg. No. 1167).

6/24/2021

Committee Referrals

Judiciary3/25/2021
Commerce and Consumer Protection3/9/2021
Finance2/17/2021
Consumer Protection & Commerce1/27/2021

Full Bill Text

No bill text available