New York Alcohol & Liquor Surety Bond Requirement

Manufacturers, retailers, wholesalers and importers of alcoholic and liquor beverages in New York may need to obtain a surety bond as a part of the licensing process.

Surety bonds required by the state of New York are different than surety bonds required by the TTB. TTB bonds guarantee payment of excise taxes that are owed to the federal government. A bond exemption started in 2017 for those who are liable for less than $50,000 in taxes during the calendar year and pay excise taxes on a semi-monthly, quarterly, or annual basis. Those who are eligible for an exemption must notify the TTB for approval. This is mainly for small manufacturers or craft beverage producers.

New York State license applications may require a surety bond that is separate from a TTB surety bond. The bond guarantee compliance with the laws and regulations of New York's State Liquor Authority, which includes payment of fines, penalties and taxes.

Surety Bond Requirements:

There are three entities involved in the surety bond process: an obligee, a principal, and a surety. An "obligee" is the entity requiring a surety bond. In this case, the obligee is the State of New York. The "principal" is the entity that must obtain a surety bond, which is the alcohol retailer, wholesaler, manufacturer, or importer. The "surety" is the surety company that writes the bond, such as SuretyGroup.com.

Common New York Alcohol Bond Amounts Include:

• New York Alcohol Fleet Company Bond $1,000
• New York Alcohol Fleet Trucking Bond $1,000
• New York Alcohol Retailer Bond $1,000
• New York Alcohol Transportation Penal Bond $1,000
• New York Alcohol Trucking Bond $1,000
• New York Alcohol Warehouse Bond $5,000
• New York Beer Wholesaler Bond $10,000
• New York Brewer Manufacturing Bond $15,000
• New York Cider Producer Bond $1,000
• New York Cider Wholesaler Bond $1,000
• New York Distiller Class A Manufacturer Bond $25,000
• New York Distiller Class B Manufacturer Bond $25,000
• New York Distiller Class C Manufacturer Bond $5,000
• New York Liquor Bottling Bond $5,000
• New York Liquor Retailer Penal Bond $1,000
• New York Liquor Wholesaler Bond $20,000
• New York Restaurant Brewer Bond $2,000
• New York Special Winery Bond $10,000
• New York Taxicab Delivery Bond $1,000
• New York Wine Wholesaler Bond $10,000
• New York Wine Bottling Bond $5,000
• New York Winery/Special Winery Bond $10,000

How Much Will This Bond Cost?

The premium you pay for a New York Alcoholic Beverage Surety Bond depends on your credit and the bond amount. Rates for bond amounts under $10,000 start at $100 with good credit. Premiums for bond amounts over $10,000 start at 1% with good credit. Contact our Surety Bond Specialists for a free quote that fits your specific situation.

Did You Know?

SuretyGroup.com writes all New York surety bonds for the alcohol industry. If you don't see your bond on the list above, contact our Surety Bond Specialists for a free quote on the bond you need.

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