MI SB0448

Removes requirement that the Michigan Liquor and Cannabis Regulatory Commission establish uniform prices in state liquor stores, limiting the requirement to specially designated distributors only.

Through December 31, 2016, requires prices to return a gross profit of 51% to 65% to the commission.

Beginning January 1, 2017, spirits produced below a distiller's threshold production amount (first 60,000 gallons per calendar year) must return no more than 20% gross profit, while spirits produced above that amount must return 51% to 65% gross profit.

Allows the commission to sell alcoholic liquor that has not met sales standards for 6 months at prices approved by the state administrative board.

Provides specially designated distributors and on-premises licensees a 17% discount from uniform prices on alcoholic liquor purchased from the state.