Keywords: BUSINESS ENTERPRISES, CIVIL REMEDIES AND PROCEEDINGS, DEPARTMENT OF THE ATTORNEY GENERAL, IMPORTS AND EXPORTS, SMOKING, TAXATION, TOBACCO TAX
Report Title: Tobacco liability
Description: Proposes to: (1) require tobacco manufacturers who determine not to enter into the November 23, 1998 "Master Settlement Agreement" with the State to establish a reserve fund to guarantee a source of compensation; and (2) prevent such manufacturers from deriving large, short-term profits and then becoming judgment-proof.
1-26-99 S Introduced and passed First Reading
1-27-99 S Referred to 1. JDC 2. WAM
1-19-00 S Carried over to 2000 Regular Session.