HB 1987

Present law requires t he commissioner of revenue to cause to be made a complete audit of each wholesaler at such time as may be deemed advisable for the collection of the taxes levied under laws relative to intoxicating liquors. The commissioner may examine the books, papers , and records of any wholesaler or retailer for the purpose of enforcing the collection of the tax so levied. Any refusal to permit the examination of such books, papers , and records constitute s sufficient reason for the revocation or suspension of any license or permit issued pursuant to laws relative to intoxicating liquors or a refusal to issue the same. This bill requires a license or permit revoked or suspended as described above to be reinstated within five business days upon the wholesaler or retailer providing the books, papers, and records for examination to the commissioner. The commissioner, upon receipt of the documents, must inform the alcoholic beverage commission.