The bill aims to revise the regulations surrounding the transfer of alcohol licenses in Montana by prohibiting the Department of Revenue from denying a transfer solely due to the seller's outstanding taxes, penalties, or interest owed to the department. It stipulates that any proceeds from the sale of the alcohol license may be applied to any existing liens owed to the department. The bill amends Sections 16-4-404 and 16-6-303 of the Montana Code Annotated (MCA) to reflect these changes, ensuring that the transfer process is not hindered by the seller's tax obligations.

Additionally, the bill establishes that the department cannot withhold approval of a license transfer based on the seller's tax status, thereby facilitating smoother transactions for potential buyers. It also clarifies that any existing liens or warrants for distraint filed against the seller will still apply to the proceeds from the sale. The act is set to take effect immediately upon passage and will apply to all alcohol license transfers filed before and after the effective date.

Statutes affected:
LC Text: 16-4-404, 16-6-303
SB0241_1(1): 16-4-404, 16-6-303
SB0241_1: 16-4-404, 16-6-303