SB3121 - Tennessee: Alcoholic Beverage Commission

Companion Bill HB3035. Alcoholic Beverage Commission - Requires the ABC to deposit all taxes and fees it collects with the state treasury for the general fund. - Amends TCA Title 57, Chapter 3 and Title 57, Chapter 4. Fiscal Summary for *SB3121 / HB3035Other Fiscal Impact - Shifts all of the fee and tax revenue currently retained by ABC in the ABC Fund to the General Fund. Based upon FY08-09 revenue estimates, approximately $1,916,700 will be shifted from the ABC Fund to the General Fund in FY08-09 and subsequent years. Bill Summary for *SB3121 / HB3035 Present law requires the alcoholic beverage commission to deposit license fees paid by wholesale or retail dealers in alcoholic spirituous beverages, wineries, and on-premises consumption licensees with the state treasurer to be earmarked for and allocated to the commission for the purpose of the [...]

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