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MS HB1265
Bill
Status
Failed
2/11/2010
Primary Sponsor
Percy Watson
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AI Summary
- Authorizes the Mississippi Department of Revenue to sell, franchise, license, or lease the state's wholesale wine distribution business to private entities through a competitive request-for-proposal process, with contracts requiring a minimum term of five years
- Wholesale wine providers must post a bond sufficient to cover the previous year's sales and excise taxes and are prohibited from holding retail permits; the standard 27.5% state markup on wine would not apply while a private provider is making contractual payments to the state
- The Department of Revenue's Alcoholic Beverage Control Division would regulate wholesale wine prices set by private entities, and providers awarded exclusive distribution territories are granted immunity from antitrust actions as long as they comply with department rules
- Wholesale wine providers are required to collect all excise taxes ($0.35/gallon for most wines, $1.00/gallon for sparkling wine/champagne) and sales taxes from retail permittees, with the provider liable for those taxes whether or not actually collected from the retailer
- The bill contains a self-repealing provision with an effective date of July 1, 2010, and a repeal date of June 30, 2010, effectively preventing it from taking effect
Legislative Description
Alcoholic beverages; authorize the wholesale sale of wine by private entities.
Last Action
Died On Calendar
2/11/2010
Full Bill Text
No bill text available