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TABC Cash and Credit Law Penalty Exceptions

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TABC Cash and Credit Law Penalty Exceptions
 
INDUSTRY NOTICE
 
Updated Nov. 10, 2020
 
To: TABC Licensed Retailers, Manufacturers, Distributors and Wholesalers
 
Re: Cash and Credit Law Penalty Exceptions
 
Cash and credit laws remain in effect. However, because retailers may experience delay in complying with payment requirements due to the current coronavirus pandemic, TABC will not take certain penalty actions against retailers.
 
Upper Tier Members
 
 
Retailers
 
  • Must still pay distributors what they owe before purchasing new alcohol inventory.
  • TABC will not penalize retailers that fail to make timely payments for these dates:
  • Cash law purchases from March 1 – Nov. 30, 2020.
  • Credit law purchases from March 1 – Nov. 30, 2020, associated with Delinquent lists #1794 to #1811.
 
TABC will continue to monitor cash and credit law reporting and make adjustments as the situation evolves. The agency stands ready to help its license and permit holders impacted by COVID-19.
 
For more assistance and information, affected businesses can contact theirTABC regional office or call TABC's Austin headquarters at 512-206-3333.
Visit TABC's Coronavirus Information Webpage
 
This webpage provides up-to-date guidance on common questions and special measures taken due to the coronavirus pandemic. TABC will evaluate the rapidly changing circumstances and publish updated guidance here.
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