RÉSUMÉ DIGEST
ACT 380 (SB 205) 2016 Regular Session Carter
Prior law, relative to tobacco, defined "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.
New 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 (June 5, 2016).
(Amends R.S. 26:901(34))