Recent legislation approved by the Texas Senate and House of Representatives aims to promote a free and fair market. Current Texas law limits the number of liquor store permits a person can own to five with the exception of a few loopholes. These loopholes include ownership of the permits before May 1, 1949, and acquiring additional permits through a relative and merging the permits under the owner’s permit. HB1545 would authorize the Texas Alcoholic Beverage Commission to continue operations through 2031 and would increase the limit of liquor store permits an individual can own from five to 250 while eliminating the established loopholes. The legislation focuses on creating more competition and a free market that will benefit businesses and consumers in the state of Texas.
Source: Distilled Spirits Council of the United States May 2019