The bill amends Section 60-6B-12 of the New Mexico Statutes to revise the criteria for transferring certain liquor licenses. It allows dispenser's and retailer's licenses issued before July 1, 1981, to be transferred to any location within the state, with specific exceptions for certain counties and municipalities that prohibit such transfers. The bill establishes that no more than ten licenses may be transferred to any local option district in a calendar year and that these transfers will count towards the maximum number of licenses that can be issued in the future within that district.

Additionally, the bill introduces new provisions regarding the entitlements of transferred licenses. Specifically, it states that if a license is transferred to a local option district with fewer than the maximum number of licenses allowed, the licensee will be permitted to sell alcoholic beverages by the drink and in unbroken packages for off-premises consumption. The bill also modifies the transfer conditions for rural licenses, allowing them to be transferred to local option districts within counties that have fewer than the maximum number of licenses, while ensuring compliance with the Liquor Control Act and department regulations.

Statutes affected:
introduced version: 60-6B-12