MS SB2054

Amends Section 27-69-3 of the Mississippi Code of 1972 to clarify the definition of "manufacturer's list price" under the tobacco tax law.

Expands the definition of "manufacturer's list price" to include sales by dealers and other persons engaged in selling tobacco products directly to wholesalers or distributors, in addition to manufacturers.

Specifies that "manufacturer's list price" includes the full sales price without deductions for freight, trade discounts, cash discounts, special discounts, cash rebates, or other reductions from the regular selling price.

Requires that freight charges not paid by the manufacturer, dealer, or other person selling tobacco products be added to the purchase price when calculating "manufacturer's list price."

Takes effect upon passage.