Bill Text: TX HB1953 | 2013-2014 | 83rd Legislature | Engrossed

NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relating to the payment for liquor by a retailer.

Spectrum: Bipartisan Bill

Status: (Passed) 2013-06-14 - Effective on 9/1/13 [HB1953 Detail]

Download: Texas-2013-HB1953-Engrossed.html
  83R19780 MCK-D
 
  By: Thompson of Harris H.B. No. 1953
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the payment for liquor by a retailer.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 102.32, Alcoholic Beverage Code, is
  amended by adding Subsection (b-1) to read as follows:
         (b-1)  A wholesale dealer who accepts a check or draft as
  payment from a retailer for the purchase of liquor must deposit the
  check or draft in the bank for payment or present the check or draft
  for payment within five business days after it is received.
         SECTION 2.  This Act takes effect September 1, 2013.
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