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Sunday
Mar272011

Costco Asks State to Change Liquor Laws, Again

Getty(KIRKLAND, Wash.) -- Wholesale giant Costco is taking another shot at the privatization of liquor, just months after its proposed I-1100 bill was rejected.

In November, Costco proposed a bill that would allow any store with a liquor license to sell hard liquor, thereby eliminating the state from cashing in on what private retailers like Costco believed would be a profitable move.

However, the company's pitch failed to convince lawmakers that the state should hand over the right to sell booze to anyone who wants to, prompting Costco to revaluate its plan.

As a result, Costco is now pushing for a compromise -- allow any store more than 9,000 square feet the right to sell booze, and recoup additional tax revenue in return.

The proposal would include a profit-sharing plan whereby the state would potentially receive funds upfront by the retailer and subsequent liquor tax on a per-year basis.

State officials have yet to comment on Costco's latest pitch.

Copyright 2011 ABC News Radio

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