H0790B1207A00477 AJM:CDM 03/19/13 #90 A00477
AMENDMENTS TO HOUSE BILL NO. 790
Sponsor: REPRESENTATIVE METZGAR
Printer's No. 1207
1Amend Bill, page 137, line 2, by inserting after "amended "
2and the section is amended by adding a subsection
3Amend Bill, page 142, by inserting between lines 4 and 5
4(g) Upon the request of any distributor or importing
5distributor, the board shall offer to purchase the license of
6the distributor or importing distributor for no less than the
7following amount: the average of the gross receipts of the
8distributor or importing distributor for the immediately
9preceding three years multiplied by one-half. There shall be no
10limit on the number of licenses the board may purchase. The
11board may auction the purchased distributor and importing
12distributor licenses in accordance with rules and regulations
13established by the board.