Posted: Feb 5, 2010 5:19 PM by Greg Boyce
Updated: Feb 5, 2010 5:19 PM
Pueblo West State Representative Buffie McFadyen (D) introduced a bill in the state legislature Friday that would allow some neighborhood grocery stores to sell beer, wine and spirits by purchasing a retail liquor license from an existing liquor store.
Rep. McFadyen explained, "Colorado customers will see increased convenience as a result of this legislation, benefiting from one-stop shopping while continuing to enjoy a broad selection of beer, wine and spirits at their choice of liquor retailers." Under the proposal, individual liquor store owners will have the freedom to continue to operate their stores or to negotiate with grocery stores to sell their business. The proposal makes liquor licenses more valuable to those who have them and provides reasonable protection against competition for retail liquor store owners.
Negotiations between liquor stores and grocery stores would determine the fair value of a liquor license while local governments will maintain their authority to approve the transfer of any license.
State and local government would remain involved with the liquor license approval and enforcement process in the same manner as today. The transfer would be subject to a new transfer and application fee ($3,000 to the state and $3,000 to the local authority) to the state and local jurisdiction granting approval.