Bill > HB1557

This bill amends the Mississippi Unfair Cigarette Sales Law by gradually increasing the presumed cost of doing business for cigarette wholesalers and retailers over a four-year period. Specifically, for wholesalers, the presumed cost of doing business will increase from 2% of the basic cigarette cost through June 30, 2025, to 3% in the 2025-2026 fiscal year, 4% in the 2026-2027 fiscal year, and 5% from July 1, 2027, onwards. Similarly, for retailers, the presumed cost of doing business will rise from 6% through June 30, 2025, to 8% in the 2025-2026 fiscal year, 10% in the 2026-2027 fiscal year, and 12% from July 1, 2027, onwards. These changes are part of the Unfair Cigarette Sales Law, which defines terms related to cigarette sales and sets standards for calculating the cost of doing business for wholesalers and retailers. The bill aims to provide a phased approach to adjusting the presumed business costs, potentially reflecting increased operational expenses over time, and will take effect immediately upon passage.

Business and Industry

https://billstatus.ls.state.ms.us/2025/pdf/history/HB/HB1557.xml