Louisiana 2016 2016 Regular Session

Louisiana Senate Bill SB205 Comm Sub / Analysis

                    The original instrument was prepared by Heyward Jeffers. The following digest,
which does not constitute a part of the legislative instrument, was prepared by Ashley
Menou.
DIGEST
SB 205 Engrossed	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 requires 50% of 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 requires
50% of total tobacco sales are to retail stores, other than its subsidiaries or parent companies.
Effective upon signature of the governor or lapse of time for gubernatorial action.
(Amends R.S. 26:901(34))
Summary of Amendments Adopted by Senate
Committee Amendments Proposed by Senate Committee on Judiciary B to the original bill
1. Technical amendments to citations and title.
2. Removed from proposed law the exclusion of sales to affiliates in determining the
50% threshold.