Bill

Bill > HB258


NM HB258

NM HB258
No Scanbacks & Instant Malt Liquor Coupons


summary

Introduced
01/29/2018
In Committee
02/12/2018
Crossed Over
02/10/2018
Passed
02/15/2018
Dead
Signed/Enacted/Adopted
02/15/2018

Introduced Session

2018 Regular Session

Bill Summary

AN ACT RELATING TO ALCOHOLIC BEVERAGES; PROHIBITING THE USE OF SCANBACKS AND INSTANTLY REDEEMABLE COUPONS WITH THE SALE OF ALCOHOLIC MALT BEVERAGES.

AI Summary

This bill prohibits the use of "scanbacks" and instantly redeemable coupons for the sale of alcoholic malt beverages in the state of New Mexico. Scanbacks are reimbursement payments made to retailers by manufacturers, importers, or wholesalers based on the number of units of a particular alcoholic malt beverage product sold during a promotional period. Coupons are defined as instantly redeemable coupons issued to retailers that allow customers to deduct a specified amount from the normal price of a particular alcoholic malt beverage product. The bill makes it unlawful for non-retail licensees, such as manufacturers, importers, or wholesalers, to offer, fund, produce, sponsor, promote, furnish, or redeem these types of coupons or scanbacks. The provisions of the bill will take effect on July 1, 2018.

Committee Categories

Justice, Transportation and Infrastructure

Sponsors (4)

Last Action

[LD 20] Signed by the Governor - Chapter 45 (on 02/15/2018)

bill text


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