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OLCC raises pricing on high-proof, low cost spirits to increase in cost
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Opinion: Low alcohol taxes uphold systemic racism
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Restaurant organization opposes move; agency cites competing factors
PORTLAND, Ore. (KTVZ) After listening to what it termed spirited testimony, the Oregon Liquor Control Commission on Thursday approved a disputed floor pricing proposal for distilled spirits, which increases the price of the lowest priced spirits sold in Oregon liquor stores.
Here s the rest of the OLCC news release on the decision and meeting;
The wine industry also provided the Commission an overview of its plan to recover from the pandemic and to return the industry to the growth trajectory it was on in 2019. Additionally, the Commission approved one stipulated settlement agreement for an alcohol licensee that had violated social distancing requirements covered by Governor Brown’s COVID-19 executive orders.
April 08 2021
Jonathan Davis is a University of Oregon assistant professor of economics. He says proposed liquor price hikes could hurt restaurants as they try to recover.
In late January, the Oregon Liquor Control Commission asked for public input on a proposal called minimum pricing. This policy sets a new artificial price floor on bottom shelf liquor. The OLCC is vague on why it s proposing this now but mentions decreased social harms and adverse health impacts as one possible reason.
This proposal would raise prices on more than one out of every 10 distilled spirits products. On average, the affected bottles prices will increase by nearly 20% for 1.75L (popular among bars and restaurants) and by 23.5% for 750 ML bottles (popular among consumers). In many cases, prices will go up by more than 40%.
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