MO HB2795

Amends Section 196.1003, RSMo, governing escrow requirements for tobacco manufacturers not participating in the Master Settlement Agreement

Changes the calculation for releasing excess escrow funds from non-participating manufacturers to be based on final determination of all adjustments under Section IX(i) of the Master Settlement Agreement, rather than only the inflation adjustment

Requires excess escrow to be calculated based on what the manufacturer would have paid as a participating manufacturer for units sold in Missouri, after all adjustments are finalized

Includes an emergency clause making the act effective immediately upon passage and approval to protect the state's economic welfare