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ID S1118
Bill
Status
3/22/2013
Primary Sponsor
State Affairs Committee
Click for details
AI Summary
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Prohibits brewers from having any financial interest, directly or indirectly, in licensed beer wholesalers or dealers, or owning/controlling real property where dealers or wholesalers operate
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Creates one-year exemption allowing brewers to maintain financial interests following termination, cancellation, discontinuance, or failure to renew a distribution agreement
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Requires brewers to divest all financial interests to an independent wholesaler or dealer approved by the brewer after the one-year period expires
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Permits brewers to assist in financing the transfer between the previous and succeeding dealer or wholesaler during the one-year period, but must divest their interest thereafter
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Exemption applies only when agreement termination complies with section 23-1105 and chapter 11 of Idaho Code
Legislative Description
Adds to existing law to provide that it shall be unlawful for a brewer to have financial interest in the business of a dealer or wholesaler of beer and to provide a one year exemption in the event of a termination, cancellation, discontinuance or failure to renew an agreement.
ALCOHOLIC BEVERAGES
Last Action
Read First Time, Referred to State Affairs
3/25/2013