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MI SB0732
Bill
AI Summary
- Amends the Michigan Liquor Control Code of 1998 to add Section 804 establishing retailer license suspension penalties
- Requires the Liquor Commission to suspend a retailer's license for 14 days upon making 6 or more dishonored payments to a wholesaler in violation of section 903b
- Dishonored payments must occur on different dates within a 12 consecutive month period to trigger the suspension
- Applies to payments rejected by financial institutions for non-compliance with existing payment obligations under section 903b
Legislative Description
Liquor: liquor control commission; guidelines for review of the financial viability of a vendor; provide for. Amends 1998 PA 58 (MCL 436.1101 - 436.2303) by adding sec. 804.
Liquor: liquor control commission
Last Action
Referred To Second Reading
12/10/2024
Committee Referrals
Regulatory Reform6/26/2024
Regulatory Affairs2/28/2024
Full Bill Text
No bill text available