It has been nearly a month since Governor Whitmer signed an executive order closing bars and restaurants across Michigan. With establishments being limited to carry-out only, revenue has taken a dip, as previously reported by the Michigan Chronicle.
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Monday, Whitmer took action to help address the loss of income.
The governor signed a new executive order offering a buy back program for bars and restaurants with on-premises liquor licenses. The order empowers the Michigan Liquor Control Commission (MLCC) to use its revolving fund to buy spirits remaining in inventory from bars and restaurants that purchased the spirits prior to March 16, 2020 for their full purchase price.
“Michigan’s 8,500 on-premises liquor licensees continue to make unprecedented sacrifices to help slow the spread of COVID-19 across our state,” Governor Whitmer said. “This buy-back program will help our bars and restaurants critical to Michigan’s economy weather the storm through this challenging time in our history.”
Buy back requests must be made no later than Friday, April 17, 2020, at 5 PM, using the online form on the MLCC website, Click HERE.
Liquor licensees approved for the program have until 90 days after the state’s emergency and disasters declarations are lifted to re-purchase the spirits from the MLCC.
The MLCC is expected to meet on Tuesday to take official action regarding this executive order.
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