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MS HB194
Bill
Status
2/2/2010
Primary Sponsor
Joe Warren
Click for details
AI Summary
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Extends the repeal date from July 1, 2010 to July 1, 2013 for the law authorizing state and federal law enforcement officers to seize contraband tobacco valued at $15,000 or more
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Seized tobacco with retail value exceeding $1,000,000 may involve State Auditor assistance in investigation, inventory, appraisal, and sale
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Sale proceeds are distributed as follows: 10% to State Tax Commission, 8% to State Auditor (if they assisted), 2% to local law enforcement (if they assisted), and remainder to State General Fund
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Purchasers of seized tobacco at public auction must affix Mississippi cigarette stamps or ship out of state within 72 hours of receipt
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Effective date of July 1, 2010
Legislative Description
Contraband tobacco; extend repealer on authority of law enforcement officers to seize.
Last Action
Died In Committee
2/2/2010