Senate Study Bill 1061 - Introduced SENATE FILE _____ BY (PROPOSED COMMITTEE ON STATE GOVERNMENT BILL BY CHAIRPERSON DANIELSON) A BILL FOR An Act concerning bonding requirements for a wine direct 1 shipper license. 2 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 3 TLSB 1715XC (2) 86 ec/nh

S.F. _____ Section 1. Section 123.187, subsection 2, paragraph c, Code 1 2015, is amended to read as follows: 2 c. An application submitted pursuant to paragraph “a” 3 shall also be accompanied by a bond in the amount of five 4 thousand dollars in the form prescribed and furnished by the 5 division with good and sufficient sureties to be approved by 6 the division conditioned upon compliance with this chapter . 7 However, a wine manufacturer that has submitted a bond pursuant 8 to section 123.175, subsection 3, shall not be required to 9 provide a bond as provided in this paragraph. 10 EXPLANATION 11 The inclusion of this explanation does not constitute agreement with 12 the explanation’s substance by the members of the general assembly. 13 This bill provides that a wine manufacturer that has 14 submitted a bond pursuant to Code section 123.175, subsection 15 3, in an application for a class “A” wine permit shall not be 16 required to also provide a bond in an application for a wine 17 direct shipper license under Code section 123.187. 18 -1- LSB 1715XC (2) 86 ec/nh 1/ 1