ID S1177

Allows licensed retailers to purchase beer using electronic funds transfers instead of requiring cash payment at or before delivery, provided the transfer is initiated no later than the first business day following delivery and completed within 5 business days.

Establishes that accepting electronic funds transfer payments does not constitute an extension of credit, along with first party checks and debit card payments, provided payment timing requirements are met.

Prohibits licensed retailers from delaying electronic funds transfer payments beyond the specified timeline; any such delay is deemed an acceptance of credit in violation of state law.

Applies the same electronic funds transfer provisions to wine purchases by licensed retailers, allowing transfers initiated no later than the first business day following delivery and completed within 5 business days.

Makes a technical correction to Section 23-1326 regarding wine credit sales to retailers, changing the reference from section 23-1033 to section 23-1325 for violations.