HB 1582
Tobacco escrow-violations
Tobacco Escrow-Violations
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
Amends the Tobacco Products Manufacturers' Escrow Enforcement Act of 2003. Provides that, upon a distributor's failure to submit certain information, the Attorney General may send a notice of violation to the distributor and provide 10 days to cure the violation. Provides that, if the distributor does not cure the violation, the Attorney General may notify the Director of Revenue of the violation, and, upon receiving the Attorney General's notice, the Director of Revenue shall revoke the distributor's license. Amends the Tobacco Product Manufacturers' Escrow Act. Provides that a tobacco product manufacturer that elects to place funds into escrow may make an irrevocable assignment of its interest in the funds to the benefit of the State.
Sponsors
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Primary sponsors
Robert F. Martwick
Cosponsors
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