AB364: Bill Text

Credit restrictions

Under current law, a retailer of beer may not purchase or acquire beer from a wholesaler except upon payment of cash or extension of credit for not more than 15 days. A retailer of intoxicating liquor may not purchase or acquire intoxicating liquor from a wholesaler except upon payment of cash or extension of credit for not more than 30 days. A retailer that remains indebted to a wholesaler beyond the applicable period is precluded from purchasing more alcohol beverages from any wholesaler and may not be issued another retail license.

This bill eliminates these 15-day and 30-day maximum permissible credit periods.

The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:

AB364,1 Section 1 . 125.33 (7) (title) of the statutes is repealed and recreated to read:

AB364,3,2 125.33 (7) (title) Bona fide sale.

AB364,2 Section 2 . 125.33 (7) (a) (title) of the statutes is repealed and recreated to read:

AB364,3,4 125.33 (7) (a) (title) Consignment prohibited.

AB364,3 Section 3 . 125.33 (7) (a) 1. of the statutes is repealed.

AB364,4 Section 4 . 125.33 (7) (a) 2. of the statutes is renumbered 125.33 (7) (a).

AB364,5 Section 5 . 125.33 (7) (b) of the statutes is repealed.

AB364,6 Section 6. 125.33 (9) of the statutes is renumbered 125.33 (9) (a) and amended to read:

AB364,3,13 125.33 (9) (a) Except as provided in ss. 125.29 (3m) (b) and (c), 125.295 (1) (g), and 125.30 (4), no campus or retail licensee or permittee may purchase or possess fermented malt beverages purchased from any person other than a wholesaler holding a permit under this chapter for the sale of fermented malt beverages.

AB364,3,19 (b) Any person who violates this subsection par. (a), if the total volume of fermented malt beverages purchased or possessed by that person in one month is 4,320 fluid ounces or less, may be required to forfeit not more than $100. A person who purchases or possesses more than 4,320 fluid ounces of fermented malt beverages in one month in violation of par. (a) may be fined not more than $10,000 or imprisoned for not more than 9 months or both.

AB364,7 Section 7. 125.33 (9) (c) of the statutes is created to read:

AB364,4,5 125.33 (9) (c) Notwithstanding par. (b), a Class “B" licensee who purchases fermented malt beverages from a Class “A" licensee for resale or who possesses fermented malt beverages purchased from a Class “A" licensee for resale may be required to forfeit not more than $100.

AB364,8 Section 8 . 125.69 (4) (title) of the statutes is repealed and recreated to read:

AB364,4,7 125.69 (4) (title) Bona fide sale.

AB364,9 Section 9 . 125.69 (4) (a) (title) of the statutes is repealed and recreated to read:

AB364,4,9 125.69 (4) (a) (title) Consignment prohibited.

AB364,10 Section 10 . 125.69 (4) (a) 1. of the statutes is repealed.

AB364,11 Section 11 . 125.69 (4) (a) 2. of the statutes is renumbered 125.69 (4) (a).

AB364,12 Section 12 . 125.69 (4) (b) of the statutes is repealed.

AB364,13 Section 13 . 125.69 (4) (e) of the statutes is repealed.

AB364,14 Section 14. 125.69 (6) (b) of the statutes is amended to read:

AB364,4,19 125.69 (6) (b) Any person who violates par. (a), if the total volume of intoxicating liquor purchased or possessed by that person in one month is 12 48 liters or less, may be required to forfeit not more than $100. A person who purchases or possesses more than 12 48 liters of intoxicating liquor in one month in violation of par. (a) shall be fined not less than $1,000 nor more than $10,000.

AB364,15 Section 15. 125.69 (6) (c) of the statutes is amended to read:

AB364,4,24 125.69 (6) (c) Notwithstanding par. (b), a “Class B" licensee who purchases intoxicating liquor from a “Class A" licensee for resale or who possesses intoxicating liquor purchased from a “Class A" licensee for resale may be fined required to forfeit not more than $100.

AB364,4,25 (End)