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MI HB4683
Bill
Status
7/16/2014
Primary Sponsor
David Nathan
Click for details
AI Summary
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Creates a "wine auction license" issued by the Alcoholic Beverage Control Commission for specially designated merchants or their partners to sell wine by auction from private collections.
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Restricts wine auction licenses to unlicensed wine owners selling from private collections, with bottles requiring a permanently affixed tag or label indicating the wine came from a private collection.
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Allows up to 12 auctions per license year; license fee determined by the commission under section 525(1)(aa).
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Makes the wine auction license holder responsible for sales and excise taxes, storage, warehousing, and delivery of auctioned wine.
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Permits wholesale and retail wine licensees to purchase and resell wine from auctions if the private collection tag remains affixed to the bottle.
Legislative Description
Occupations; auctioneers; reference to registered auctioneers conducting wine auctions; revise in liquor control code. Amends sec. 1031 of 1998 PA 58 (MCL 436.2031). TIE BAR WITH: HB 4684'13, SB 0476'13, SB 0477'13
Liquor, licenses
Last Action
Assigned Pa 194'14 With Immediate Effect
7/16/2014