LD 378 LR 591(02)
An Act To Temporarily Waive Renewal Fees for On-premises Retail Liquor Licenses
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Veterans and Legal Affairs
Fiscal Note Required: Yes
Fiscal Note
FY 2020-21 FY 2021-22 FY 2022-23 Projections  FY 2023-24 Projections  FY 2024-25
Net Cost (Savings)
General Fund $541,865 $1,625,594 $0 $0 $0
General Fund ($541,865) ($1,625,594) $0 $0 $0
Fiscal Detail and Notes
This bill provides a one-year waiver of the renewal fee for restaurants and other entities seeking to renew a license to sell beer, wine, or spirits for on-premises consumption. No exact start date of the one-year waiver period is specified, as it will begin on the effective date of this emergency bill. The Bureau of Alcoholic Beverages and Lottery Operations within the Department of Administrative and Financial Services estimates that this temporary renewal fee exemption will result in a General Fund revenue loss of $541,865 in fiscal year 2020-21 and $1,625,594 in fiscal year 2021-22. This estimate uses an average revenue from license fees for fiscal years 2015-2020 and distributes the revenue loss across the last 3 months of fiscal year 2020-21 and the first 9 months of fiscal year 2021-22. That assumes that the bill is enacted as an emergency measure in time to impact the last three months of fiscal year 2020-21. Any delay in the start date will shift a proportional amount of revenue loss out of fiscal year 2020-21 and into fiscal year 2021-22. The amount of revenue loss in each year will need to be adjusted to reflect the actual effective date of implementation when it becomes known.