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House Bill 1194


House Bill 1194

ARCHIVE (2011)

Latest Information

 

DIGEST OF INTRODUCED BILL


Restaurant permits in economic development areas. Allows the alcohol and tobacco commission to issue a retailer's permit to the proprietor of a restaurant located in an economic development area, a redevelopment project area, an urban renewal area, or a redevelopment area within a city or town, if the area meets certain investment and assessed value requirements. Provides that the permits are not subject to the quota provisions. Requires an applicant for a permit in such an area to: (1) expend at least $75,000 over five years for renovation or rehabilitation of a restaurant building; or (2) commit to a capital investment in a restaurant building of at least $75,000 that is expended before the permit is issued. Provides that an applicant is not eligible for a permit in the redevelopment area issued outside the quota unless the applicant demonstrates that the applicant attempted to obtain a permit subject to the quota restrictions and a permit was not readily available. Prohibits the permit from being transferred to another location.
Current Status:
 In Committee - first House
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