New YorkCertain Manhattan alcohol businesses would get an exception for retail ties
Licensed alcohol makers or wholesalers on one Manhattan property's fifth floor would qualify for an exception covering retail interests acquired before enactment.
What it does
Certain fifth-floor Manhattan alcohol businesses would get an exception for retail interests acquired before enactment. It would end if the property changes hands unless the licensee immediately leases it, then end when that lease ends.
Argument forThe exception could help covered alcohol businesses keep their existing interests in retail sellers without having to restructure those business ties.
Argument againstThe exception's expiration rules could force covered businesses to change their retail ties when the property changes hands or a lease ends.
More detail
Licensed alcohol makers or wholesalers would qualify for an exception allowing an interest in a retail alcohol seller. Only licensed businesses on the fifth floor of the Manhattan property described in the bill would qualify. The retail interest must have been acquired before the law takes effect. A property sale or transfer would end the exception unless the licensee immediately obtains a lease as part of that transaction. If the licensee obtains that lease, the exception would end when the lease ends or is terminated. If enacted, the law would take effect immediately.
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Where it stands
- Introduced
- Passed 1st Chamber
- Passed 2nd Chamber
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Oct 23SIGNED CHAP.352Became Law
- Oct 16DELIVERED TO GOVERNORTo Governor
- Jun 1RETURNED TO SENATE
- Vote recorded Assembly Vote. Result: pass.Lower
- Jun 1PASSED ASSEMBLYPassed 2nd Chamber
- Jun 1ORDERED TO THIRD READING RULES CAL.323
- Jun 1SUBSTITUTED FOR A10890
- May 18REFERRED TO ECONOMIC DEVELOPMENTMinor
- Vote recorded Floor Vote. Result: pass.Upper
- May 18DELIVERED TO ASSEMBLY
- May 18PASSED SENATEPassed 1st Chamber
- May 14ADVANCED TO THIRD READING
- May 132ND REPORT CAL.
- May 121ST REPORT CAL.1078
- Vote recorded Investigations And Government Operations Vote. Result: pass.Upper
- Mar 19REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONSIntroduced
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