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MO HB1858

Bill

Status

Introduced

2/29/2012

Primary Sponsor

Stanley Cox

Click for details

Origin

House of Representatives

2012 Regular Session

AI Summary

  • Repeals and replaces section 311.180 of Missouri law and creates new section 311.183 governing relationships between brewers and beer wholesalers.

  • Prohibits brewers, their officers, directors, managers, agents, employees, and affiliates from having any financial interest in or serving as director, manager, employee, or agent of a beer wholesaler, with limited exceptions including security interests, temporary interests during orderly transfers, and minority interests under 50% for up to two years.

  • Allows a brewer to become a wholesaler of its own products indefinitely in a designated area if a major wholesaler (selling 10%+ of brewer's production) loses its franchise for cause or undergoes majority ownership transfer, provided the brewer obtains a wholesaler's license.

  • Permits brewers producing 10,000 barrels or less annually to own or hold interest in a beer wholesaler selling only that brewer's products, with an exception for microbreweries.

  • Prohibits wholesalers from holding any financial interest in a brewer except for up to 5% ownership of publicly traded brewers.

Legislative Description

Prohibits a beer brewer from having any financial interest in a beer wholesaler or from serving as a director, manager, employee, or agent of a beer wholesaler with specified exceptions

Last Action

Motion to Do Pass Failed (H)

4/18/2012

Committee Referrals

Judiciary3/22/2012

Full Bill Text

No bill text available