Bill > LD2088

This bill aims to clarify the laws governing financial relationships between entities within the three-tier system for distribution of alcohol in Maine. The key provisions of the bill are: 1. It prohibits licensed in-state manufacturers, out-of-state spirits suppliers, out-of-state manufacturers of malt liquor or wine, and out-of-state wholesalers of malt liquor or wine from having any financial interest, direct or indirect, in wholesale or retail licensees, except as authorized in certain sections. 2. It prohibits wholesale licensees from having any financial interest, direct or indirect, in licensed in-state manufacturers, out-of-state spirits suppliers, out-of-state manufacturers of malt liquor or wine, or retail licensees, except as authorized. 3. It prohibits retail licensees from having any financial interest, direct or indirect, in licensed in-state manufacturers, out-of-state spirits suppliers, out-of-state manufacturers of malt liquor or wine, or wholesale licensees, except as authorized. 4. It provides exceptions to the financial interest prohibitions, allowing certain credit extensions and the furnishing of materials and equipment from manufacturers or out-of-state wholesalers to wholesale licensees. 5. It defines key terms, such as "business entity" and "out-of-state spirits supplier," used in the bill.

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http://legislature.maine.gov/legis/bills/display_ps.asp?LD=2088&snum=129