Text: SSB00167                          Text: SSB00169
Text: SSB00100 - SSB00199               Text: SSB Index
Bills and Amendments: General Index     Bill History: General Index

Senate Study Bill 168

Bill Text

PAG LIN
  1  1    Section 1.  Section 123.24, subsection 4, Code 1997, is
  1  2 amended to read as follows:
  1  3    4.  The price of alcoholic liquor sold by the division
  1  4 shall include a markup of up to fifty forty percent of the
  1  5 wholesale price paid by the division for the alcoholic liquor.
  1  6 The markup shall apply to all alcoholic liquor sold by the
  1  7 division; however, the division may increase the markup on
  1  8 selected kinds of alcoholic liquor sold by the division if the
  1  9 average return to the division on all sales of alcoholic
  1 10 liquor does not exceed the wholesale price paid by the
  1 11 division and the fifty forty percent markup.  
  1 12                           EXPLANATION
  1 13    This bill provides that the alcoholic beverages division of
  1 14 the department of commerce shall mark up the wholesale price
  1 15 of alcoholic liquor by up to 40 percent on the average.  The
  1 16 current maximum average markup is 50 percent.  
  1 17 LSB 2281SC 77
  1 18 tj/cf/24
     

Text: SSB00167                          Text: SSB00169
Text: SSB00100 - SSB00199               Text: SSB Index
Bills and Amendments: General Index     Bill History: General Index

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