Alcoholic beverage licenses; allowing certain partnership to hold certain license in certain counties; allowing conversion of certain license with certain notification; requiring disclosures. Effective date.

SB 1526 allows limited partnerships or limited liability partnerships (LLPs) to hold retail spirits licenses in Oklahoma counties with 70,000+ residents. It permits existing limited partnership license holders to convert to LLPs without reapplying, provided they notify the Alcoholic Beverage Laws Enforcement Commission within 90 days. The bill requires full disclosure of all partners (who must be natural persons) to the Commission within five business days of any partnership changes. It maintains existing restrictions, including no more than two package stores per person and no corporate ownership of these licenses. The changes apply only to retail spirits licenses in designated counties, not to other license types or package store ownership limits.