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 the opportunities for new wholesalers to enter the market.

The bill also removes the previous stipulation that allowed holders of wholesaler permits issued before September 1, 2013, to renew or transfer their permits. This change simplifies the regulatory framework surrounding wholesaler permits and aims to facilitate a more dynamic market for alcoholic beverages in the state.