SENATE AMENDMENT
    Bill No. SB 2112, 1st Eng.
    Amendment No. ___   Barcode 901800
                            CHAMBER ACTION
              Senate                               House
                                   .                    
                                   .                    
 1                  1/AD/3R        .                    
       04/26/2004 06:01 PM         .                    
 2                                 .                    
                                   .                    
 3                                 .                    
                                   .                    
 4  ______________________________________________________________
 5  
 6  
 7  
 8  
 9  
10  ______________________________________________________________
11  Senator Dockery moved the following amendment:
12  
13         Senate Amendment 
14         On page 5, lines 10-23, delete those lines
15  
16  and insert:  Year 2005-2006. Beginning January 1, 2007, and on
17  January 1 of each year thereafter, the division shall adjust
18  the tax rate by the greater of 3 percent or the percentage
19  change in the average of the Consumer Price Index issued by
20  the United States Department of Labor for the most recent
21  12-month period ending September 30 compared to the 12-month
22  period ending September 30 of the prior year.
23         (3)  The division shall collect the fee once each month
24  from each nonsettling manufacturer based on information
25  received pursuant to subsection (6). The division shall mail
26  to each nonsettling manufacturer not later than the 15th day
27  of each month a notice of the fee due from that manufacturer
28  for sales of its cigarettes made in the preceding month. Each
29  such nonsettling manufacturer shall ensure that the division
30  has received payment of the fee in full no later than the last
31  day of the month in which the notice was mailed. Except as
                                  1
    2:30 PM   04/26/04                                s2112b-15j02


                                                  SENATE AMENDMENT
    Bill No. SB 2112, 1st Eng.
    Amendment No. ___   Barcode 901800
 1  otherwise provided in this section, proceeds from the fee
 2  shall be deposited into the General Revenue Fund and the fee
 3  shall be imposed,
 4  
 5  
 6  
 7  
 8  
 9  
10  
11  
12  
13  
14  
15  
16  
17  
18  
19  
20  
21  
22  
23  
24  
25  
26  
27  
28  
29  
30  
31  
                                  2
    2:30 PM   04/26/04                                s2112b-15j02