Wolf’s State Store Plan An Ambitious Cocktail

Gov. Wolf’s budget proposal Tuesday called for a modernization of State Stores to generate $185 million in additional annual profit by fiscal 2018.

The dramatically increased profits would be used to make payments on a $3 billion bond issue designed to help close the $30 billion gap in the Pennsylvania Public School Employees’ Retirement System, according to Wolf’s plan.

Under it, the Pennsylvania Liquor Control Board, endangered by Republican talk of privatizing the system, instead would have a monumental task – assuming it gains General Assembly approval.

Based on the system’s profitability in the year ended June 30, gross revenue from the state’s 600-plus wine and spirits outlets would have to soar to $5.7 billion in fiscal 2018 from $2.3 billion in fiscal 2014 to generate an additional $185 million in profits.

Read more at http://www.philly.com/philly/business/20150307_Wolf_s_state_store_plan_an_ambitious_cocktail.html#rm8GTPsAek3O34kS.99

Pennsylvania House Votes In Favor Of Selling Off State Liquor System

HARRISBURG — The effort to change Pennsylvania’s state liquor monopoly is on a familiar path filled with many obstacles.

The state House voted Thursday to approve turning the wine and liquor retail and wholesale business over to the private sector, but the proposal faces a rough road in the Senate, which failed to take action on a similar proposal in the last session. And Democratic Gov. Tom Wolf favors improving the service in the existing stores to generate more money for the state rather than licensing them to the private sector.

Thursday’s House vote was 114-87 for the proposal, with every Democrat and a few Republicans opposed.

Read more:

http://www.post-gazette.com/news/state/2015/02/26/House-to-vote-on-Pennsylvania-liquor-privatization-bill/stories/201502260159

What You Need To Know About The Bill To Privatize State Liquor Sales

Legislation to end Pennsylvania’s 82-year monopoly on liquor sales is due for a vote Thursday in the state House.

The plan would dramatically change the way alcohol is sold in Pennsylvania.

House Bill 466, sponsored by Speaker of the House Mike Turzai, is similar to a proposal that cleared the House in 2013. It would close the 600-plus state stores and replace them with 1,200 private licenses.

“In a year when we are faced with a potential $2 billion budget deficit, I personally think it is important to consider avenues for revenue other than taxes,” Turzai said in a memo to colleagues seeking support.

It was estimated last session that the proposal would generate about $1 billion up front, with continued revenue from existing liquor and sale taxes.

Read more:

http://lancasteronline.com/news/local/what-you-need-to-know-about-the-bill-to-privatize/article_a18654d0-bb6b-11e4-bc93-6bbbd42717b0.html

Never Thought I Would Live To See This

The Pennsylvania Liquor Control Board has maintained a strangle-hold on alcohol sales in our state for decades.  For many years people have been screaming about reforming the State Store system and the state monopoly on alcohol sales.  Many other states allow alcohol sales in convenience and grocery stores.

Interesting article below on the subject from the Center Daily Times that involves Altoona based Sheetz, Inc.  There is a Sheetz store located on Route 422 near Birdsboro.

http://www.centredaily.com/2010/04/29/1946117/state-board-oks-sheetz-in-store.html?utm_source=twitterfeed&utm_medium=twitter