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MS HB1140

Bill

Status

Passed

4/20/2023

Primary Sponsor

Henry Zuber

Click for details

Origin

House of Representatives

2023 Regular Session

AI Summary

  • Amends Section 67-3-46 of Mississippi Code to expand the definition of manufacturers prohibited from having interests in wholesalers or distributors of beer, light wine, or light spirit products.

  • Adds new category of prohibited entities: manufacturers of products or substances infused into or becoming part of beer, light wine, or light spirit products, regardless of whether they manufacture the final product.

  • Extends the prohibition to all affiliated companies, wholly-owned subsidiaries, and joint ventures of the newly defined manufacturers.

  • Maintains existing exemption allowing security interests granted for products sold to wholesalers or distributors until full purchase price is paid.

  • Takes effect upon passage.

Legislative Description

Beer, light wine and light spirit products; revise manufacturers prohibited from having interest in wholesalers or distributors.

Last Action

Approved by Governor

4/20/2023

Committee Referrals

Finance2/14/2023
Ways and Means1/16/2023

Full Bill Text

No bill text available