Ill. Admin. Code tit. 14, § 250.10 - General
This Part provides for enforcement of the Tobacco Product Manufacturers' Escrow Act [30 ILCS 168 ], in accordance with the Tobacco Products Manufacturers' Escrow Enforcement Act of 2003 [30 ILCS 167 ] (see P.A. 93-446). The former Act, passed as a result of the Master Settlement Agreement (MSA) entered into between 46 states, including Illinois, and the major tobacco companies, requires tobacco product manufacturers not participating in the MSA to set up qualified escrow accounts and to deposit funds into those accounts based on the number of manufacturers' cigarettes sold in each state. The latter Act provides for enforcement of the escrow obligations.
Notes
Amended at 28 Ill. Reg. 7904, effective May 28, 2004
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