Bill Text: IA HF492 | 2015-2016 | 86th General Assembly | Introduced
Bill Title: A bill for an act concerning bonding requirements for a wine direct shipper license. (Formerly HSB 69)
Spectrum: Committee Bill
Status: (Introduced - Dead) 2015-03-17 - Withdrawn. H.J. 593. [HF492 Detail]
Download: Iowa-2015-HF492-Introduced.html
House File 492 - Introduced HOUSE FILE BY COMMITTEE ON COMMERCE (SUCCESSOR TO HSB 69) (COMPANION TO SF 134 BY COMMITTEE ON STATE GOVERNMENT) A BILL FOR 1 An Act concerning bonding requirements for a wine direct 2 shipper license. 3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: TLSB 1715HV (1) 86 ec/nh PAG LIN 1 1 Section 1. Section 123.187, subsection 2, paragraph c, Code 1 2 2015, is amended to read as follows: 1 3 c. An application submitted pursuant to paragraph "a" 1 4 shall also be accompanied by a bond in the amount of five 1 5 thousand dollars in the form prescribed and furnished by the 1 6 division with good and sufficient sureties to be approved by 1 7 the division conditioned upon compliance with this chapter. 1 8 However, a wine manufacturer that has submitted a bond pursuant 1 9 to section 123.175, subsection 3, shall not be required to 1 10 provide a bond as provided in this paragraph. 1 11 EXPLANATION 1 12 The inclusion of this explanation does not constitute agreement with 1 13 the explanation's substance by the members of the general assembly. 1 14 This bill provides that a wine manufacturer that has 1 15 submitted a bond pursuant to Code section 123.175, subsection 1 16 3, in an application for a class "A" wine permit shall not be 1 17 required to also provide a bond in an application for a wine 1 18 direct shipper license under Code section 123.187. LSB 1715HV (1) 86 ec/nh
