AMENDMENT(S) PROPOSED BY THE HOUSE

GENERAL LAWS

1. After line 4100, introduced

insert

11. That before the Alcoholic Beverage Control Board implements any increase in the markup on distilled spirits or any change to the mark-up formula for distilled spirits pursuant to § 4.1-235 of the Code of Virginia, which would result in an increase in the retail price of distilled spirits sold to the public, the Alcoholic Beverage Control Board shall: (i) provide at least 45 days public notice before such a price increase takes effect; (ii) provide the opportunity for submission of written comments regarding the proposed price increase; (iii) conduct a public meeting for the purpose of receiving verbal comment regarding the proposed price increase; and (iv) consider any written or verbal comments before implementing such a price increase.