Delaware's signed measure allows licensed wine and spirits auctions, with separate yearly limits and rules for taxes and later retail sales.
The Commissioner may license auctions of rare or fine wine and spirits. Nonprofits may apply to hold a wine auction fundraiser on a specific date.
Each calendar year, license holders may hold up to 12 wine auctions and 12 spirits auctions. Each event may last no more than three days.
License holders collect and pay the required taxes on auctioned products. Licensed stores and facilities may not stock those products for later retail sale.
The Commissioner may license wine auctions, spirits auctions, or auctions of both. License holders must have an office in Delaware, except nonprofit organizations. Auctions may be held anywhere in the state under the Commissioner's rules. Wine auctions sell rare or fine wine on consignment or from private collections. Spirits auctions sell rare or collectible spirits from private collections. Auctions may sell only to people old enough to buy alcohol. Nonprofits may apply to hold a wine auction fundraiser on a specific date.
License holders may hold up to 12 wine auctions and up to 12 spirits auctions per calendar year. The yearly limits apply separately to wine auctions and spirits auctions. Each auction event may last no more than three days. Auctions may be held in person or online, and both formats count toward the yearly limits. The limits apply within each calendar year.
Auction license holders must collect and pay the applicable taxes on auctioned products. The tax duty covers all products auctioned. Products bought at auction may not be stocked or offered for later retail sale in a store or other facility licensed under this title.
No hearings or votes scheduled.