Under the current ordinance, stores larger than 20,000 square feet can apply for a liquor license, if less than 10-percent of the space is devoted to alcohol.
The board is considering reducing the requirement to 10,000 square feet with 5-percent of sales being alcohol.
There are also some proposed changes to permit fees, renewal timelines, and background checks.
The Board took public comment on the changes last night, but did not vote.
During Monday night's board meeting, aldermen did voted to temporarily suspend the liquor license for Branson Star Pantry, after police found the store may have sold alcohol to minors.