The bill, S.B. No. 1355, introduces new regulations regarding the sale of liquor on credit from distillers and rectifiers to wholesalers in Texas. It adds Section 102.33 to Subchapter B, Chapter 102 of the Alcoholic Beverage Code, which mandates that distillers and rectifiers provide an invoice to wholesalers that includes the purchase date. Wholesalers are required to pay for the liquor within 30 days of receiving the invoice. If a wholesaler fails to make the payment on time, the distiller or rectifier can report the delinquency to the commission, which will maintain a list of such wholesalers.

Additionally, the bill stipulates that wholesalers who are reported for delinquency cannot voluntarily cancel or suspend their permits, nor can they renew or transfer them while in arrears. Furthermore, individuals whose permits are canceled or expired due to delinquency will be ineligible to hold any other permits or licenses until the delinquency is resolved. The commission is tasked with adopting rules to implement these provisions, and the bill is set to take effect on September 1, 2025.

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