MT Dept. of Revenue Opens First Alcohol Beverages License Competitive Bidding - news.mt.gov

State of Montana NewsRoom

Welcome to the State of Montana NewsRoom

EasyDNNNews

MT Dept. of Revenue Opens First Alcohol Beverages License Competitive Bidding

Monday, January 22, 2018/Categories: Department of Revenue/Tags: Business Licenses , Liquor Licensing; Liquor Lottery , Liquor Licensing , Liquor Lottery , 2017 Legislature , liquor

FOR IMMEDIATE RELEASE

January 22, 2018   

CONTACT

Mary Ann Dunwell, Public Information Officer, MT Dept. of Revenue

(406) 444-6700, mdunwell@mt.gov

 

MT Dept. of Revenue Opens First Alcohol Beverages License Competitive Bidding

 

Helena –The Montana Department of Revenue opened its first competitive bidding for alcohol beverages licenses since the new law was passed during the 2017 legislative special session in November.  The first licenses being offered are for a Bozeman Retail Beer license (gaming restricted) with a minimum bid of $187,500 and a Belgrade All-Beverages license with a minimum bid of $350,000. Bidding opened on January 18, 2018, and closes at midnight MST on February 23, 2018. License bidding for other quota areas will follow in the future.

 

The law replaces alcoholic beverages license lotteries with a competitive bidding process to determine which individual or business is eligible to apply for licensure. The highest bidder will be granted the opportunity to seek licensure.

The new law also separates the state’s six combined quota areas so that each incorporated city and incorporated town has its own allowable number of licenses or quota.  Those areas were Bozeman/Belgrade, Whitefish/Columbia Falls, Helena/East Helena, Hamilton/Pinesdale, Eureka/Rexford and Red Lodge/Bear Creek.

 

To find bid information or submit a bid, visit revenue.mt.gov. All bids must be accompanied by a $100 processing fee and an irrevocable letter of credit for at least the amount of the bid.

 

For more information, visit revenue.mt.gov, email DORCustomerAssistance@mt.gov or call (406) 444-6900.

 

##

 

 

Mary Ann Dunwell

Public Information Officer

Montana Department of Revenue

mdunwell@mt.gov

www.revenue.mt.gov
Twitter: @MTRevenue

(406) 444-6700

125 N. Roberts, PO Box 5805, Helena, MT 59604-5805
 

 

Print

Number of views (562)/Comments (0)

x

Text/HTML

EasyDNNNewsSearch