H.B. No. 4517 introduces 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 outlines the payment obligations of wholesalers, which must adhere to the terms of their contract or written agreement with the distiller. If a wholesaler fails to pay an invoice on time or does not respond to a demand for payment, they are considered delinquent. The bill also establishes that it is a violation for wholesalers to become delinquent, allowing the commission to take disciplinary action against them based on various factors, including the duration and amount of delinquency, previous violations, and the wholesaler's financial resources.

Additionally, the bill requires the commission to adopt rules to implement these provisions, including guidelines for the submission of supporting documentation by distillers when reporting delinquent payments. This legislation aims to enhance accountability in liquor sales transactions and ensure timely payments between distillers and wholesalers. The act is set to take effect on September 1, 2025.

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