On and after the effective date of the bill, the bill prohibits the
state and local licensing authorities (licensing authorities) from issuing a new liquor-licensed drugstore license (license). Licensing authorities may continue to renew existing licenses.
A person holding a license (licensee) is prohibited from changing
the location of, merging, selling, converting, or transferring a license; except that a licensee that holds a license that was issued to an independent pharmacy before January 1, 2025, shall not, on or after the effective date of the bill, change the location of or merge or convert the license but may sell or transfer the license to another licensee that is an independent pharmacy that holds a license or to a person that does not already have a license.
The bill prohibits an owner, part owner, shareholder, or person
interested directly or indirectly in a liquor-licensed drugstore from having an interest in more than 8 licenses. Sections 3 through 7 of the bill make conforming amendments to
account for the new restrictions on the license.
