Plain English Breakdown
The bill's status is inactive, meaning it did not pass and no longer moves in the current session.
Increasing State Profit from Alcoholic Liquor Sales
The bill aims to raise the maximum profit that the state of Wyoming can earn from selling alcoholic liquors by increasing the markup percentage.
What This Bill Does
- Changes the law to allow a higher profit for the state when selling alcoholic drinks.
- Updates the rules about how much money the state can make from selling alcoholic drinks.
Who It Names or Affects
- The Wyoming Liquor Division, which sells alcoholic drinks.
- Businesses that buy liquor from the state to sell it to customers.
Terms To Know
- Markup
- The extra amount added to the cost of a product when selling it to make a profit.
Limits and Unknowns
- This bill did not pass and is no longer active.
- The new markup percentage only applies if the law changes are approved by the legislature.