The bill aims to revise and update various sections of Montana's alcohol law regulations, specifically addressing the functions and powers of the Department of Revenue, as well as the licensing and sale of alcoholic beverages. Key amendments include the correction of legal language, such as changing "REVISING LAW TO CORRECT" to "CORRECTING ERRATA," and the addition of "registrations" to the types of licenses and permits the department can grant. Additionally, the bill clarifies that wholesalers are prohibited from selling beer directly to the public and specifies the conditions under which licensed retailers can purchase alcoholic beverages.

Further amendments include the requirement for fingerprint and background checks for applicants and location managers, with exceptions for publicly traded corporations and certain business entities. The bill also outlines the process for handling security interests in alcoholic beverage licenses, including the notification requirements for defaults and the conditions under which a security interest can be transferred. The act is set to take effect immediately upon passage and approval.

Statutes affected:
LC Text: 16-1-302, 16-3-233, 16-3-301, 16-4-414, 16-4-801