Virginia private booze plan advances; revenue shrinks

on 01/10/10 at 1:55 pm

Industry

Gov. Bob McDonnell’s bid to auction off the state government’s monopoly on liquor received the blessing of his hand-picked panel Thursday even as its proposed revenue yield shrank from changes sought by small retailers and restaurateurs.

The administration also backed off the Republican governor’s earlier intent to call a special late fall legislative session to consider booze privatization and other government reforms.

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