Yesterday State Senator Mark Obenshain formally introduced Governor McDonnell’s ABC privatization bill. He also introduced his own bill, which privatizes both the wholesale and the retail operations of the state run ABC stores. In a statement Obenshain said:
"Today I introduced the Governor's ABC privatization bill. The bill proposes to privatize the retail side of the ABC business only and it will cash flow with no loss of annual revenue and it will generate approx. $300 million in one time funds through the sale of licenses. I have a second bill (not the Governor's) that would also privatize the wholesale side of the business. Senator John Watkins, my seat mate and longtime privatization advocate is chief co-patron on both bills."