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Bill > HB56


NM HB56

NM HB56
No Below-cost Liquor Sales


summary

Introduced
01/17/2017
In Committee
01/17/2017
Crossed Over
Passed
Dead
03/18/2017

Introduced Session

2017 Regular Session

Bill Summary

AN ACT RELATING TO ALCOHOLIC BEVERAGES; PROHIBITING THE RETAIL PACKAGE SALE OF SPIRITUOUS LIQUORS AND WINE AT BELOW COST.

AI Summary

This bill prohibits the retail package sale of spirituous liquors and wine at below cost in New Mexico. It amends an existing law to add a provision that makes it a violation of the Liquor Control Act for a retailer to sell spirituous liquors or wine for less than the price paid to a wholesaler or wine wholesaler for the same products. The bill aims to prevent retailers from engaging in below-cost sales of these alcoholic beverages.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

[LD 1] Referred to House Consumer & Public Affairs (on 01/17/2017)

bill text


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