2024 -- S 2487 SUBSTITUTE A

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LC004542/SUB A

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     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2024

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A N   A C T

RELATING TO ALCOHOLIC BEVERAGES -- MANUFACTURING AND WHOLESALE

LICENSES

     Introduced By: Senator Dawn M. Euer

     Date Introduced: February 12, 2024

     Referred To: Senate Special Legislation and Veterans Affairs

     It is enacted by the General Assembly as follows:

     SECTION 1. Section 3-6-15 of the General Laws in Chapter 3-6 entitled "Manufacturing

and Wholesale Licenses" is hereby amended to read as follows:

     3-6-15. Manufacturer’s interest in business of wholesaler prohibited.

     (a) No manufacturer of distilled spirits or wines whose principal place of manufacture is

outside of this state intoxicating beverages as defined in § 3-1-1 shall hold a wholesaler’s license

issued under this title or shall have any interest in a wholesaler’s license, either directly or

indirectly, as an owner or part owner, or through a subsidiary or affiliate, or by any officers,

directors, or employees of the manufacturer, or by stock ownership, interlocking directors,

trusteeship, loan, mortgage or by being a guarantor, endorser or surety of any obligation of a

wholesaler.

     (b) Any manufacturer of intoxicating beverages as defined in § 3-1-1, who currently holds

a wholesaler's license issued under this title or shall have any interest in a wholesaler's license,

either directly or indirectly, as an owner or part owner, or through a subsidiary or affiliate, or by

any officers, directors, or employees of the manufacturer, or by stock ownership, interlocking

directors, trusteeship, loan, mortgage or by being a guarantor, endorser or surety of any obligation

of a wholesaler, as of the effective date of this act, shall be permitted to retain and renew their

current manufacturer's and wholesaler's licenses.

     (c) Anyone who maintains both manufacturing and wholesaler licenses pursuant to the

exception in subsection (b) of this section shall not be permitted to transfer the wholesaler license

to a third party.

     SECTION 2. This act shall take effect upon passage.

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N   A C T

RELATING TO ALCOHOLIC BEVERAGES -- MANUFACTURING AND WHOLESALE

LICENSES

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     This act would prohibit manufacturers of intoxicating beverages from holding or having

any interest in a wholesaler license.

     This act would take effect upon passage.

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