MS SB2462 | 2016 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 23 2016 - 100% progression
Action: 2016-02-23 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Amend Section 27-69-9, Mississippi Code Of 1972, To Provide That All Sales By A Distributor Or Wholesaler Of Tobacco Products To A Retailer Shall Be Made In Cash Or On Terms; To Provide That If Payment Is Not Received When Due Or Payment Is Returned For Insufficient Funds, The Vendor Shall Notify The Commissioner Of Revenue And The Commissioner Shall Promptly Notify All Distributors And Wholesalers In The State Of The Default In Payment And Thereafter No Distributor Or Wholesaler Shall Sell Any Tobacco Products To The Retailer Who Is In Default On Any Terms Other Than Cash On Delivery Until Otherwise Authorized By The Commissioner; To Provide For Suspension And Revocation Of Permits Issued Under The Tobacco Tax Law For Certain Violations Of This Provision; And For Related Purposes.

Tracking Information

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Title

Tobacco Tax Law; retailers may have permit issued under suspended or revoked for defaults in payments to distributors and wholesalers.

Sponsors


History

DateChamberAction
2016-02-23SenateDied In Committee
2016-02-08SenateReferred To Finance

Mississippi State Sources


Bill Comments

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