The bill amends the Tobacco Products Tax Act by updating record-keeping requirements for manufacturers, wholesalers, retailers, and other entities involved in the tobacco product supply chain. It mandates that these entities maintain complete and accurate records of tobacco products manufactured, purchased, or acquired, including detailed information such as the names and addresses of sellers and purchasers, delivery dates, quantities, and prices. The bill specifies that records must be preserved for four years and be available for inspection by the department. Additionally, it introduces new provisions regarding the labeling of shipping cases and containers, requiring them to bear specific markings and information as prescribed by the department.

Key changes include the requirement for a written statement accompanying each sale or consignment of tobacco products, detailing the transaction specifics. The bill also clarifies the conditions under which a retailer or their representative can transport tobacco products without a license, provided certain criteria are met, such as the consumer having paid for the product in full prior to delivery. Furthermore, the bill emphasizes the importance of compliance with record-keeping and labeling regulations, establishing penalties for non-compliance, including fines for failing to return marking devices upon license revocation.

Statutes affected:
House Introduced Bill: 205.426
As Passed by the House: 205.426