HB3877 98TH GENERAL ASSEMBLY

LRB098 15436 JWD 50466 b

98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014
HB3877

Introduced , by Rep. Michael J. Madigan

SYNOPSIS AS INTRODUCED:

30 ILCS 167/5

Amends the Tobacco Product Manufacturers' Escrow Enforcement Act of 2003. Makes a technical change in a Section concerning the findings of the General Assembly and the purpose of the Act.

A BILL FOR

AN ACT concerning finance.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Tobacco Products Manufacturers' Escrow Enforcement Act of 2003 is amended by changing Section 5 as follows:

(30 ILCS 167/5)

Sec. 5. Findings; purpose. The The General Assembly finds that violations of the Tobacco Product Manufacturers' Escrow Act threaten the integrity of the tobacco Master Settlement Agreement, the fiscal soundness of the State, and the public health. The General Assembly finds that enacting procedural enhancements will help prevent violations and aid the enforcement of the Tobacco Product Manufacturers' Escrow Act and thereby safeguard the Master Settlement Agreement, the fiscal soundness of the State, and the public health. The provisions of this Act are not intended to and shall not be interpreted to amend the Tobacco Product Manufacturers' Escrow Act.

(Source: P.A. 93-446, eff. 1-1-04.)