Bill
Bill > HB1486
MS HB1486
MS HB1486Tobacco products; prohibit wholesalers from directly selling the products to retailers.
summary
Introduced
02/17/2020
02/17/2020
In Committee
05/11/2020
05/11/2020
Crossed Over
03/10/2020
03/10/2020
Passed
06/15/2020
06/15/2020
Dead
Signed/Enacted/Adopted
06/22/2020
06/22/2020
Introduced Session
2020 Regular Session
Bill Summary
An Act To Amend Section 27-69-9, Mississippi Code Of 1972, To Provide That Manufacturers And Wholesale Dealers In Tobacco Products Shall Not Sell, Offer To Sell, Or Deliver Any Tobacco Products To Retail Dealers In Tobacco Products And That Retail Dealers Shall Not Buy Or Accept Delivery For Any Such Product For Any Consideration Other Than Cash Or On Terms; To Provide That If Payment Is Not Received When Due Or Payment Is Returned For Insufficient Funds, The Vendor, Within Five Business Days, Shall Notify The Commissioner Of Revenue And The Commissioner Of Revenue Shall Promptly Notify All Manufacturers And Wholesale Dealers In The State Of The Default In Payment And That No Person Shall Sell Any Tobacco Products To The Retailer In Default On Any Other Terms Than Cash Delivery, Until Otherwise Authorized By The Commissioner Of Revenue; To Authorize The Commissioner Of Revenue To Suspend Or Revoke The Permit Of A Retail Dealer For Nonpayment; To Amend Section 97-32-5, Mississippi Code Of 1972, To Conform To The Preceding Section; To Bring Forward Sections 27-69-5 And 75-23-37, Mississippi Code Of 1972, For The Purpose Of Possible Amendment; And For Related Purposes.
AI Summary
This bill amends Mississippi's laws to prohibit manufacturers and wholesale dealers from directly selling tobacco products to retail dealers, except for cash or on terms. The bill requires retailers who default on payments to pay their obligations within 30 days or have their permits suspended. The bill also authorizes the Commissioner of Revenue to suspend or revoke a retailer's permit for nonpayment and to notify all manufacturers and wholesalers in the state of the retailer's default. Additionally, the bill brings forward existing laws related to tobacco permits and enforcement.
Committee Categories
Budget and Finance, Justice
Sponsors (1)
Last Action
Approved by Governor (on 06/22/2020)
Official Document
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