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Latest Update: Wednesday, July, 23rd 2008

Companion Bill SB3929. Tobacco, Tobacco Products - Requires non-participating tobacco manufacturers selling cigarettes in Tennessee to file quarterly with the department of revenue regarding their compliance with escrow requirements. - Amends TCA Title 67, Chapter 4, Part 10. Fiscal Summary for HB3862 / *SB3929Increase State Expenditures - $38,000/One-Time $63,200/FY08-09 $126,300/FY09-10 and Succeeding Years Bill Summary for HB3862 / *SB3929 Present law requires a tobacco product manufacturer selling cigarettes to consumers in Tennessee, directly or through an intermediary, to either participate in the master tobacco settlement agreement or place $.0188482 for each unit sold into a qualified escrow fund in accordance with the Tennessee Tobacco Manufacturers' Escrow Fund Act. A manufacturer who is not [...]

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Latest Actions
  • 04/30/2008 - Taken Off Notice For Calendar in Subcommittee Budget of Finance, Ways and Means of Finance, Ways & Means Committee
  • 04/23/2008 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 04/30/2008
  • 03/19/2008 - Action Deferred in Subcommittee Budget of Finance, Ways and Means to last calendar
  • 03/12/2008 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 03/19/2008
  • 03/12/2008 - Action Deferred in Subcommittee Budget of Finance, Ways and Means to 3/19/2008

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Bill Text
File name Last Updated
HB3862 Bill Text PDF02/05/2008

Fiscal Notes
File name Last Updated
SB3929 Fiscal Notes PDF03/01/2008