AMENDMENT FOR HOUSE ENGROSSED BILL
1041fi

___________________ moved that HB 1041 be amended as follows:


    On the House engrossed bill, delete everything after the enacting clause and insert:

    "    Section 1. That § 10-50-18 be amended to read as follows:

    10-50-18. The secretary of revenue and regulation shall secure stamps, of the design and denomination as the secretary prescribes, suitable to be affixed to packages of cigarettes as evidence of the payment of the tax imposed by this chapter. The secretary shall sell the stamps to licensed distributors at a discount of two percent one cent off of their face value and to no other person.

    Section 2. That § 10-50-18 be amended to read as follows:

    10-50-18. The secretary of revenue and regulation shall secure stamps, of the design and denomination as the secretary prescribes, suitable to be affixed to packages of cigarettes as evidence of the payment of the tax imposed by this chapter. The secretary shall sell the stamps to licensed distributors at a discount of two one percent of their face value and to no other person.

    Section 3. The provisions of section 2 of this Act are effective on July 1, 2012."