The bill amends the law regarding the issuance and transfer of wholesale permits for alcoholic beverages in Arkansas. Specifically, it allows for the issuance of new wholesaler permits on or after July 1, 2026, which was previously prohibited after September 1, 2013. Additionally, a new minimum wholesaler permit may be issued on or after the effective date of this act, expanding opportunities for new wholesalers in the state.

The bill also removes the previous stipulation that holders of wholesaler permits issued before September 1, 2013, could only renew their permits before, on, or after that date. Furthermore, it eliminates the restrictions on transferring wholesaler permits, allowing holders of permits issued before the cutoff date to transfer their permits to other wholesalers as permitted by applicable law or regulation. This legislative change aims to modernize the wholesale permit process and enhance the alcoholic beverage industry in Arkansas.