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MI SB0890
Bill
AI Summary
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Amends MCL 436.1231 to clarify the Michigan Liquor and Cannabis Regulatory Agency's authority to supply types of alcoholic liquor demanded by the public and corrects grammatical language in existing statute.
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Adds new MCL 436.1231a establishing a cash buyback program allowing the commission to repurchase spirits ordered by licensees before March 16, 2020.
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Limits buyback eligibility to licensees holding Class C, B-Hotel, G-1, Club, Continuing Care Retirement Center, Aircraft, Watercraft, or Train license types.
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Requires licensees to submit buyback requests by 5 p.m. on April 26, 2020, with the commission advancing 100% of the purchase price for eligible spirits inventory.
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Commission holds legal title to repurchased spirits but does not take physical possession until 90 days after Executive Order No. 2020-4 expires; licensees may repay the full amount to retain ownership.
Legislative Description
Liquor; liquor control commission; repurchase of spirits during a declared state of emergency; allow. Amends sec. 231 of 1998 PA 58 (MCL 436.1231) & adds sec. 231a.
Liquor: authorized distribution agents
Last Action
Reassigned To Committee On Regulatory Reform
5/6/2020