VA SB1268 | 2011 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 18 2011 - 100% progression
Action: 2011-03-18 - Governor: Acts of Assembly Chapter text (CHAP0297)
Text: Latest bill text (Chaptered) [HTML]

Summary

Tobacco Master Settlement Agreement; bond requirements; escrow payments by certain manufacturers. Requires that the bond posted by manufacturers for inclusion in the Directory be equal to the greater of $50,000 or the escrow amount the manufacturer was required to deposit based on its highest calendar year's sales in Virginia. Under current law, the bond amount to be posted is the greater of $50,000 or the escrow amount the manufacturer was required to deposit based on its previous calendar year's sales in Virginia. The bill also adds nonparticipating manufacturers that have been designated by the Attorney General as an elevated risk to the list of those manufacturers that may be required to make escrow payments on a quarterly rather than an annual basis.

Tracking Information

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Title

Tobacco Master Settlement Agreement; bond requirements and escrow payments by certain manufacturers.

Sponsors


Roll Calls

2011-02-18 - House - House: VOTE: BLOCK VOTE PASSAGE (95-Y 0-N) (Y: 97 N: 0 NV: 4 Abs: 0) [PASS]
2011-02-16 - House - House: Reported from Agriculture, Chesapeake and Natural Resources (21-Y 0-N) (Y: 22 N: 0 NV: 1 Abs: 0) [PASS]
2011-02-04 - Senate - Senate: Read third time and passed Senate (37-Y 0-N) (Y: 37 N: 0 NV: 3 Abs: 0) [PASS]
2011-02-01 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2011-01-31 - Senate - Senate: Reported from Courts of Justice (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2011-01-24 - Senate - Senate: Rereferred from Agriculture, Conservation and Natural Resources (13-Y 0-N) (Y: 13 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2011-03-18 Governor: Acts of Assembly Chapter text (CHAP0297)
2011-03-18 Governor: Approved by Governor-Chapter 297 (effective 7/1/11)
2011-02-24 Senate: Signed by President
2011-02-24 House: Signed by Speaker
2011-02-24 Senate: Bill text as passed Senate and House (SB1268ER)
2011-02-24 Senate: Enrolled
2011-02-18 House: VOTE: BLOCK VOTE PASSAGE (95-Y 0-N)
2011-02-18 House: Passed House BLOCK VOTE (95-Y 0-N)
2011-02-18 House: Read third time
2011-02-17 House: Read second time
2011-02-16 House: Reported from Agriculture, Chesapeake and Natural Resources (21-Y 0-N)
2011-02-08 House: Referred to Committee on Agriculture, Chesapeake and Natural Resources
2011-02-08 House: Read first time
2011-02-08 House: Placed on Calendar
2011-02-04 Senate: Read third time and passed Senate (37-Y 0-N)
2011-02-03 Senate: Read second time and engrossed
2011-02-02 Senate: Passed by for the day
2011-02-01 Senate: Constitutional reading dispensed (40-Y 0-N)
2011-01-31 Senate: Reported from Courts of Justice (15-Y 0-N)
2011-01-25 Senate: Assigned Courts sub: Civil
2011-01-24 Senate: Rereferred to Courts of Justice
2011-01-24 Senate: Rereferred from Agriculture, Conservation and Natural Resources (13-Y 0-N)
2011-01-12 Senate: Referred to Committee on Agriculture, Conservation and Natural Resources
2011-01-12 Senate: Prefiled and ordered printed; offered 01/12/11 11103868D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
324206.1(n/a)See Bill Text
324211(n/a)See Bill Text

Virginia State Sources


Bill Comments 750

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