2013 Regular Session



Commercial Law - Cigarette Sales Below Cost - Wholesale Markup

Sponsored by:

Senator Astle


In the Senate - Unfavorable Report by Finance

Synopsis:Altering the presumptive cost of doing business used to determine the basic cost of cigarettes to a cigarette wholesaler for purposes of provisions of law governing the sale of cigarettes below cost; authorizing a wholesaler to implement a wholesale markup that is less than a specified amount under specified circumstances; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Senator Astle
Additional Facts:Cross-filed with: HB1068
Introduced in a prior session as: HB1200 Session: 2012 Regular Session
Bill File Type: Regular
Effective Date(s): October 1, 2013
Finance  Listen to Committee Hearing
Broad Subject(s):Commercial Law - Generally
Narrow Subject(s):Cigarettes -see also- Smoking
Prices -see also- Consumer Price Index
Statutes:Article - Commercial Law
(11-501, 11-503)

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October 24, 2017 1:08 P.M.