Establishes a bonded and nonbonded spirits warehouse license that authorizes the storage and handling of bonded bulk spirits and, to the extent allowed under federal law and under rules adopted by the state liquor and cannabis board, bottled spirits and the storage of tax-paid spirits not in bond.

Authorizes a licensee to maintain a warehouse for the storage of: (1) Federally authorized spirits off the premises of a distillery for certain qualified distillers or entities otherwise licensed and permitted in the state;

(2) Bulk spirits transferred in bond from out-of-state distilleries; and

(3) To the extent allowed by federal law and under rules adopted by the state liquor and cannabis board, bottled spirits, if the storage of the federally authorized spirits transferred into the state is for storage only and not for processing or bottling in the bonded spirits warehouse.