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MO HB1858
Bill
Status
2/29/2012
Primary Sponsor
Stanley Cox
Click for details
AI Summary
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Repeals and replaces section 311.180 of Missouri law and creates new section 311.183 governing relationships between brewers and beer wholesalers.
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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.
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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.
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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.
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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