Alcoholic Beverages - As enacted, requires, in the context of licensee bond payments, each holder of a license authorizing the consumption of alcoholic beverages on the premises to post with the department of revenue a bond of not less than $10,000 for purposes of ensuring proper payment of taxes in accordance with rules promulgated under the bill. - Amends TCA Title 57 and Title 67.

This bill requires businesses that serve alcohol on their premises to post a minimum $10,000 bond with the state Department of Revenue. The purpose of this bond is to guarantee that these establishments pay their required taxes correctly. The law applies to any license holder authorized to consume alcohol on the property and updates existing state codes to enforce this financial requirement.