Louisiana 2016 2016 Regular Session

Louisiana Senate Bill SB205 Comm Sub / Analysis

                    The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Heyward Jeffers.
DIGEST
SB 205 Original	2016 Regular Session	Carter
Present law defines "wholesale dealer" as a dealer whose principal business is that of wholesaler to
retail dealers for the purpose of resale, is a bona fide wholesaler, and fifty percent of whose total
tobacco sales are to retail stores, other than its subsidiaries.
Proposed law changes the definition of "wholesale dealer" as a dealer whose principal business is
that of wholesaler to retail dealers for the purpose of resale, is a bona fide wholesaler, and fifty
percent of whose total tobacco sales are to retail stores, other than its subsidiaries, affiliates or parent
companies.
Effective upon signature of the governor or lapse of time for gubernatorial action.
(Amends R.S. 26:901(34))