Colorado Legislative Council Staff
NO FISCAL IMPACT
January 8, 1998
Senate Bus. Affairs
Scott Nachtrieb (866-4752)
TITLE: CONCERNING TAVERN LIQUOR LICENSES, AND, IN CONNECTION THEREWITH, AUTHORIZES THE MULTIPLE OWNERSHIP OF TAVERN LICENSES AND REQUIRES THE REGISTRATION OF MANAGERS OF LICENSED TAVERNS.
Summary of Assessment
The bill would allow a tavern licensee to hold up to 3 tavern licenses. Each tavern license would be required to have a registered manager and pay the $75 registration fee to the state and local licensing agency for each licensed establishment. A manager could not be a manager for more than one tavern license. The bill would become effective upon the Governor’s signature.
It is estimated that this bill would not increase revenue to state or local governments. The group that is most likely to use this new license is expected to come from those persons that currently hold a hotel and restaurant license. Hotel and restaraunt licensees already pay the same fees for manager registrations that this bill requires. Any increase in tavern licenses would be expected to reduce the number of hotel restaurant licenses. Therefore, no new revenue is expected and this bill would have no fiscal impact.