• TABC Cash and Credit Law Penalty Waiver To Expire April 2, 2021

  • TABC Cash and Credit Law Penalty Waiver To Expire April 2, 2021

    Texas Food & Fuel Association
     
     
    TABC Cash and Credit Law Penalty Waiver To Expire April 2, 2021


    To: Members of the Alcoholic Beverage Industry
     
    Re: Resuming Normal Cash and Credit Law Enforcement
     
    All Industry

     

    TABC has made its final coronavirus-related extension of Cash and Credit Law penalty exemptions (detailed below) and will resume normal enforcement April 2, 2021.
     
    Cash and credit laws remain in effect.
     
    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, 2020 – March 31, 2021. TABC will begin normal enforcement April 2, 2021, and cash law violations after March 31, 2021 will be ineligible for penalty exemptions.
      • Credit law purchases from March 1, 2020 – March 31, 2021, associated with delinquent lists #1794 to #1819. List #1819 for the March 16 – 31 delivery period will be the last delivery period when penalty exemptions are applicable.

     
    There are no additional cash and credit law penalty extensions planned.
     
    Visit the TABC Coronavirus Information page for more information for businesses.

     
    If you have questions, please feel free to contact: 
    Scott Fisher, Sr. VP of Policy & Public Affairs, at sfisher@tffa.com or 512.799.1139
     
     
     
    Texas Food & Fuel Association
    401 W 15th St, Ste 510, Austin, TX 78701

    info@tffa.com  /  512.476.9547  /  www.tffa.com

    Questions or comments? Contact TFFA at 512.476.9547 or email info@tffa.com
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