S354-2013 Actions

• Jan 9, 2013: REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS

S354-2013 Memo

BILL NUMBER:S354

TITLE OF BILL:
An act
to amend the alcoholic beverage control law, in relation to terms of
sale of alcoholic beverages

PURPOSE:
This bill will provide manufacturers and wholesalers greater
flexibility in developing payment plans with retailers.

SUMMARY OF PROVISIONS:
Section 1. Amends paragraph a of subdivision 1 of section 101-aa of
the alcoholic beverage control law to define credit period as a
period beginning on the date alcoholic beverages are delivered and
ending sixty days thereafter.

EXISTING LAW:
Currently, credit period is defined as a period beginning on the date
alcoholic beverages are delivered and ending thirty days thereafter.

JUSTIFICATION:
The current thirty-day credit period that manufacturers and
wholesalers are required to limit retailers to is onerously short. A
sixty-day credit period is more appropriate.

LEGISLATIVE HISTORY:
New Bill.

FISCAL IMPLICATIONS:
None.

EFFECTIVE DATE:
Immediately.

S354-2013 Text

 S T A T E   O F   N E W   Y O R K
 
 
                                          354
 2013-2014 Regular Sessions
 I N  SENATE
 (PREFILED)
 January 9, 2013
 
 Introduced  by Sen. GALLIVAN -- read twice and ordered printed, and when
 printed to be committed to the Committee on Investigations and Govern
 ment Operations
 

AN ACT to amend the alcoholic beverage control law, in relation to terms
 of sale of alcoholic beverages
 THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM
 BLY, DO ENACT AS FOLLOWS:

 

Section 1. Paragraph a of subdivision 1 of section 101-aa of the alco
 holic  beverage  control  law,  as  amended by chapter 84 of the laws of
 2004, is amended to read as follows:

 a. "Credit period" means a period  beginning  on  the  date  alcoholic
 beverages are delivered and ending [thirty] SIXTY days thereafter.
 

S 2. This act shall take effect immediately.
 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD02103-01-3

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