SB 388-Relating to Beverage Law
On Monday, April 3rd, SB 388, by Senator Travis Hutson (R-Palm Coast), was heard before the Senate Committee on Commerce and Tourism and passed unanimously by a vote of 7 yeas to 0 nays. AIF’s Senior Vice President of State and Federal Affairs, Brewster Bevis, stood in support of this bill.
The bill exempts financial transactions between a vendor and a manufacturer from all tied evil house prohibitions if the following conditions are met:
- The financial transaction must be negotiated at arm’s length for fair market value between a manufacturer of beer or malt beverages, and
- The financial transaction cannot involve, either all or in part, the direct sale or distribution of beer or malt beverages between the manufacturer and the licensed vendor.
SB 388 will now go to the Senate Committee on Rules to be heard.
AIF SUPPORTS this legislation because it would remove unnecessary and outdated regulations on Florida’s businesses.