SB498 — Alcoholic Beverages - As enacted, authorizes, in leases entered into between Memphis and business owners holding a restaurant license from the alcoholic beverage commission, the inclusion of provisions where the rent is calculated on gross sales, including gross sales of alcohol, of the business; prohibits a county from denying the issuance or renewal of a beer permit on the basis of a similar lease; provisions also applicable to Knoxville within an easement area granted to the city for commercial recreation and commercial recreation facilities from TVA in the Fort Loudoun Reservoir. - Amends TCA Title 57, Chapter 1; Title 57, Chapter 4 and Title 57, Chapter 5.

SB498 — Alcoholic Beverages - As enacted, authorizes, in leases entered into between Memphis and business owners holding a restaurant license from the alcoholic beverage commission, the inclusion of provisions where the rent is calculated on gross sales, including gross sales of alcohol, of the business; prohibits a county from denying the issuance or renewal of a beer permit on the basis of a similar lease; provisions also applicable to Knoxville within an easement area granted to the city for commercial recreation and commercial recreation facilities from TVA in the Fort Loudoun Reservoir. - Amends TCA Title 57, Chapter 1; Title 57, Chapter 4 and Title 57, Chapter 5. · Informed CitizenryThis bill amends the Tennessee Code to allow restaurant licensees in certain counties to enter into leases with municipal landowners where rent is calculated based on gross sales, which may include…Open in Informed Citizenry