ABCC Reminder Repayment Plan Begins in September

August 17, 2020
Massachusetts Restaurant Association
ABCC issues a reminder order that repayment plan begins in September

In light of the continuing impact of the COVID-19 pandemic, the Alcoholic Beverages Control Commission recognizes the ongoing hardship posed to § 12 licensees to comply with the 60-day delinquency reporting period as outlined in M.G.L. c. 138, § 25 (Credit Terms) for unpaid invoices. 
The Commission issues this Order providing relief from being reported and posted as delinquent under § 25 for invoices issued on or after January 18, 2020 and before April 16, 2020 (“eligible invoices”). This Order supersedes and replaces the Commission’s June 11, 2020, Order Regarding Delinquency Reporting Period (Credit Terms).
In order to benefit from this Order, every § 12 licensee must pay in full all eligible invoices in twelve (12) equal monthly installments. The first payment shall be due on the first of the month that occurs forty-five (45) days following the date the Governor removes the ban on inside service by § 12 licensees selling for on-premises consumption. Payments shall be due thereafter on the first of each month. Because the Governor is removing the ban on inside service on June 22, 2020, licensees’ first payment shall be due on September 1, 2020.
Click here to view full order.

Restaurants Rise Webinars On Demand
Nation’s Restaurants News has launched a series of on demand webinars to educate and support the restaurant industry called Restaurants Rise. They cover a variety of topics all geared towards improving performance through the pandemic. You can register for upcoming events or watch on demand recorded sessions here. Scroll down a bit and click on the Webinars tab.
They are all excellent, but the recent one: Behind the Data: Restaurant Industry Trends & Outlooks from Black Box Intelligence is exceptional in providing a clear out look of where the industry is now and the trends to success moving forward. To watch this on demand, click here, scroll down a bit, click on the Webinars tab, and choose thumbnail with this title.