5522-S AMS SHED S2565.2

SSB 5522 - S AMD 236

By Senators T. Sheldon, Honeyford

ADOPTED 03/19/2003

On page 3, line 9, strike "at least"

On page 3, beginning on line 19, strike all of subsection (1) and insert the following:

"(1) The board may locate one contract liquor store within the area served by a closing state retail liquor store. The total inventory granted to a contract liquor store when it opens must not exceed the total volume that would have been granted to the closing state liquor store if it was still in operation at that time. The board may increase or decrease the amount of the combined inventory at contract liquor stores if demand for products changes, provided that the guidelines for the change of inventory are the same as those for inventory changes at state retail liquor stores."

SSB 5522 - S AMD 236

By Senators T. Sheldon, Honeyford

ADOPTED 03/19/2003

On page 6, beginning on line 7, strike all of subsection (1) and insert the following:

"(1) The fee for purchasing a contract liquor store agreement when, immediately prior to the agreement's execution date, a state retail liquor store was in operation in the area served by the contract liquor store, is two percent of the average gross annual sales for the last five years at the state retail liquor store serving that area. This fee is to be paid to the board upon the execution of a contract liquor store agreement."

EFFECT: The board may only locate one contract liquor store within the area served by a closing state retail liquor store. References to multiple contract liquor stores within a given area are deleted.

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