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MS SB2583
Bill
AI Summary
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Increases the presumption of a cigarette wholesale dealer's cost of doing business from 2% to 4.5% of the basic cost of cigarettes to the wholesale dealer under the Unfair Cigarette Sales Law.
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Increases the presumption of cartage cost from 0.5% to 1% of the basic cost of cigarettes to the wholesale dealer when cartage is performed or paid for by the wholesale dealer.
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Applies to cases where the wholesale dealer cannot prove actual cost of doing business or cartage costs that differ from these presumed percentages.
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Takes effect July 1, 2025.
Legislative Description
Small Business Fair Trade Act; enact.
Last Action
Died In Committee
2/4/2025
Committee Referrals
Finance1/20/2025
Full Bill Text
No bill text available