HB 124 (BR 248) - D. Horlander, L. Clark, T. Burch, R. Crimm, B. DeWeese, T.
Firkins, J. Jenkins,
D. Keene, C. Miller, D. Osborne, R. Palumbo, C. Rollins
II, S. Santoro, R.
Weston, S. Westrom
relating to the cigarette excise tax.
Amend KRS 138.130 to define "master cigarette
distributor"; amend KRS 138.195 to allow a master cigarette
distributor to hold a cigarette inventory on which the tax has not been
paid; require a master cigarette distributor to obtain a license and pay a
license fee; require master cigarette distributor to keep certain records
and file reports with the Department of Revenue on a monthly basis; amend
KRS 138.205 to apply certain penalties for noncompliance; amend various
sections to conform; EFFECTIVE July 1, 2007.
HB 124 - AMENDMENTS
HCS - Retain
original provisions; change references to "master cigarette
distributor" to "master tobacco products distributor";
include within definition of "master tobacco products
distributor" the requirement that the distributor have the exclusive
right to sell the manufacturer's cigarettes in a defined territory; add
provision permitting the department to examine an applicant's records;
prohibit the issuance of a license to an applicant who holds a resident
wholesaler's license, nonresident wholesaler's license, or an unclassified
acquirer's license in a name other than his or her own, has a financial
interest in the business of a licensed resident wholesaler, licensed
nonresident wholesaler, or licensed unclassified acquirer, or has acquired
an interest in the premises of a licensed resident wholesaler, licensed
nonresident wholesaler, or a licensed unclassified acquirer.
HCA (1/Title, J.
Jenkins) - Make title amendment.
HFA (1, R.
Wilkey) - Retain original provisions, except amend the definition of
"master tobacco product distributor" to include a requirement
that the master tobacco product distributor does not hold product longer
than 30 days and to provide that a penalty in an amount equal to the tax
that would have been due shall be paid if inventory is held for longer than
by the sponsor(s).)
Jan 2-introduced in House
Jan 3-to Licensing and Occupations (H)
Feb 12-posted in committee
Feb 14-reported favorably, 1st reading, to
Calendar with Committee Substitute, committee amendment (1-title)
Feb 15-2nd reading, to Rules; posted for
passage in the Regular Orders of the Day for Friday, February 16, 2007
Feb 22-floor amendment (1) filed to Committee
Feb 23-3rd reading, passed 94-0 with
Committee Substitute, committee amendment (1-title), floor amendment (1)
Feb 26-received in Senate
Feb 28-to Appropriations & Revenue (S)