5542-S AMS TOM S2995.2

SSB 5542  - S AMD425
     By Senators Tom, Nelson, White

NOT ADOPTED 05/17/2011

     On page 1, line 11, after "fee of" strike "seventeen thousand five hundred" and insert "forty thousand"

     On page 1, line 13, after "fee of" strike "six" and insert "ten"

     On page 1, line 15, after "section." insert "All fees must be paid in full within the first month of each fiscal year."

     On page 6, beginning on line 4, after "exceed" strike "one hundred" and insert "fifty"

     On page 6, line 6, after "exceed" strike "five hundred" and insert "two hundred"

EFFECT:  Raises the cigar lounge/tobacconists annual fees from $17,500 to $40,000 for cigar lounges and $6,000 to $10,000 for retail tobacconist shops. All annual fees must be paid in full during the first month of the fiscal year. Decreases the total number of special endorsements present at any time during the calendar year from 100 cigar lounges to 50 and 500 retail tobacconist shops to 200.

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