2004 Special Session I

Budget Amendments - SB5001 (Committee Approved)

View Budget Item
View Budget Item amendments

MSA & Nonparticipating Manufacturers (language only)

Item 502 #3s

Item 502 #3s

Central Appropriations
Central Appropriations

Page 369, after line 57, insert:
"E.  The Tobacco Indemnification and  Community Revitalization Commission shall develop recommendations on how Virginia Non-Participating Manufacturers (NPM) to the Master Settlement Agreement (MSA) may join the MSA in a manner that will not lead to a loss of jobs by the NPMs and will maximize revenue for the Commonwealth.  In developing the recommendations the Commission shall examine these measures from the 2004 Session -- Senate Bill 649, Senate Bill 675, House Bill 345, and House Bill 1428 -- as well as manufacturers assessment proposals suggested by the NPMs.  Recommendations shall be submitted to the Senate Committees on Finance and Agriculture, Conservation and Natural Resources, the House Committees on Appropriations and Agriculture, Chesapeake and Natural Resources, the Governor and the Attorney General by November 1, 2004."

(This amendment directs the Tobacco Indemnification and Community Revitalization Commission to review legislation from the 2004 Session as well as proposals suggested by Non-Participating Manufacturers (NPM) for the NPMs to join the Master Settlement Agreement in such a manner as not to jeopardize jobs and revenue for Virginia.)