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MS SB2567
Bill
AI Summary
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Creates a new "on-premises tobacco permit" allowing permittees to sell alcoholic beverages for consumption on licensed premises where cigars, cheroots, tobacco pipes, pipe tobacco, and/or stogies are sold.
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Requires permittees to obtain and maintain a state tobacco permit and have a minimum capital investment of $500,000 in the premises.
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Mandates that 75% of the permittee's annual gross revenue must be derived from the sale of cigars, cheroots, tobacco pipes, pipe tobacco, and/or stogies; no food sales required but food may be sold.
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Imposes an annual privilege license tax of $450.00 for the on-premises tobacco permit.
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Effective July 1, 2024.
Legislative Description
On-premises tobacco permit; authorize Department of Revenue to issue.
Last Action
Approved by Governor
4/22/2024