This bill authorizes the town of Maynard to grant an additional license for the sale of all alcoholic beverages not to be consumed on the premises, specifically to Maynard Corner Store LLC located at 49 Walnut Street. This new license will be granted notwithstanding section 17 of chapter 138 of the General Laws, meaning that the usual restrictions of that section do not apply. The licensing authority is prohibited from transferring this license to another location but can grant it to a new applicant at the same location if certain conditions regarding tax and fee compliance are met. If the license is terminated or not renewed, it must be returned to the licensing authority, which can then reissue it within three years under the same conditions.

Additionally, upon the issuance of the new license, the licensee is required to return their existing license for the sale of wine and malt beverages not to be consumed on the premises. The bill stipulates that the new license must be issued within one year of the act's effective date, and if granted within that timeframe, it can be transferred to a new applicant under specified conditions thereafter. The act will take effect immediately upon passage.