Emergency clause. In view of the emergency cited in the preamble, this Act takes effect when approved.

SUMMARY

This bill authorizes municipalities and unincorporated places to require from an applicant for a liquor license proof of liquor liability insurance with minimum coverage of $50,000 before approval of an application for a liquor license is granted. The insurance policy must include a provision that requires the insurer to notify the municipality or unincorporated place of a lapse in coverage. Any lapse in coverage results in automatic revocation of a liquor license. If the licensee can show proof of new insurance or give good cause as to the reason for the lapse, the revocation will be withdrawn.