October 12, 2011 in Business, Region

Costco gives nearly $10 million for liquor initiative

Associated Press
 

OLYMPIA — Costco has given nearly $10 million to support an initiative campaign that would privatize Washington’s liquor distribution and sales.

New finance reports filed with the state Public Disclosure Commission show Costco giving an additional $2.8 million to the cause last week, bringing their total to over $9.6 million.

This is the second year in a row that Costco has spent millions on a liquor privatization initiative. Last year’s measure failed, but supporters are returning to the ballot this November with a plan that includes new restrictions as well as revenues for government.

An opposition group has raised more than $7 million this year, largely from the Wine and Spirits Wholesalers of America.

Ballots for the election are due to be sent out at the end of next week.

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