"Capitol Update" piece on the state wholesale liquor contract provision in the n

Authors

Mal Leary

Source

Mainebiz

Date

7-11-2011

Pages

12-13

Abstract

"Capitol Update" piece on the state wholesale liquor contract provision in the new state budget that will help fund safe and clean water programs, highway preservation programs, the budget stabilization fund, and the state's general fund. The provision requires the contract, which runs out in 2014 and is currently held by Maine Beverage Co., to be renegotiated by June 2013, stipulates an upfront payment of at least $20 million, and includes specifics about how the revenue will be allotted to state programs.

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