Florida Senate - 2009                          SENATOR AMENDMENT
       Bill No. CS for CS for SB 1840
       
       
       
       
       
       
                                Barcode 155610                          
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
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                 Floor: WD/2R          .                                
             04/16/2009 01:46 PM       .                                
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       Senator Bennett moved the following:
       
    1         Senate Amendment 
    2  
    3         Delete lines 395 - 417
    4  and insert:
    5         Section 8. The additional surcharges levied under ss.
    6  210.100 and 210.211, Florida Statutes, apply to existing
    7  inventory on June 1, 2009, only to the extent that this
    8  inventory exceeds the maximum one-week average of inventory
    9  based on the preceding 6-calendar-month average of stamp indicia
   10  purchased before June 1, 2009. On June 1, 2009, each
   11  manufacturer, distributor, wholesaler, or vendor in the state
   12  shall take an inventory of the cigarettes and other tobacco
   13  products in its possession before opening for business, and that
   14  excess inventory shall be subject to the surcharges levied under
   15  ss. 210.011 and 210.211, Florida Statutes. The amount of excess
   16  inventory shall be certified to the Division of Alcoholic
   17  Beverages and Tobacco of the Department of Business and
   18  Professional Regulation on or before June 21, 2009, and shall
   19  include documentation and be accompanied by a certified check, a
   20  money order, or an electronic funds transfer for the amount of
   21  the additional tax due on the excess inventory. The
   22  manufacturer, distributor, or retailer may pay the surcharge in
   23  four equal installments of 25 percent of the total amount due.
   24  If the manufacturer, distributor, or retailer opts to pay in
   25  installments, it shall pay the first installment by June 21,
   26  2009, along with the required documentation; the second
   27  installment by July 10, 2009; the third installment by July 30,
   28  2009; and the fourth installment by August 9, 2009. Chapter 210,
   29  Florida Statutes, relating to penalties and interest for
   30  delinquent payments applies to this section. The proceeds of the
   31  surcharges on the existing, excess inventory shall be deposited
   32  into the Health Care Trust Fund.