SECTION 1. Chapter 75 of the Acts of 2008 is hereby amended by striking out the words “wines and malt”, and inserting in place thereof the following:- all alcoholic .
SECTION 2. (a) The city of Salem may charge a fee for the conversion of the license authorized and described in section 1 which shall be paid by the current licensee at the time of enactment unless the licensing authority agrees to enter into a contract with the licensee to allow the division of the fee into multiple payments over time from the licensee. If the city elects to accept multiple payments over time from the licensee, the option shall be made available, upon request, to all qualified applicants for a license.
(b) Any fee collected by the city of Salem for the license converted pursuant to section 1 which is greater than the amount of the fee charged for an annual renewal of a similar license issued by the city shall be deposited into the city’s economic development account and expended by it in a manner consistent with the purpose of such account.
SECTION 3. This act shall take effect upon its passage.
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