S.B. No. 1355 amends the Alcoholic Beverage Code by adding Section 102.33, which establishes new regulations regarding the sale of liquor on credit from holders of distiller's and rectifier's permits to wholesalers. The bill mandates that distillers provide a written invoice to wholesalers for liquor purchases and requires wholesalers to pay for these purchases according to the terms of their contract or written agreement with the distiller. If a wholesaler becomes delinquent in payment, the distiller can report this to the commission, which may take disciplinary action against the wholesaler for such violations.

The new section outlines specific criteria for determining when a wholesaler is considered delinquent, including failure to pay by the agreed date and failure to respond to a demand for payment. The commission is tasked with adopting rules to implement these provisions, including guidelines for submitting supporting documentation related to delinquent payments. This act is set to take effect on September 1, 2025.

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