STAND. COM. REP. NO. 2547

                                   Honolulu, Hawaii
                                                     , 2000

                                   RE:  S.B. No. 2764
                                        S.D. 1




Honorable Norman Mizuguchi
President of the Senate
Twentieth State Legislature
Regular Session of 2000
State of Hawaii

Sir:

     Your Committee on Ways and Means, to which was referred S.B.
No. 2764, S.D. 1, entitled: 

     "A BILL FOR AN ACT RELATING TO TOBACCO PRODUCTS REPORT,"

begs leave to report as follows:

     The purpose of this bill is to require tobacco product
manufacturers who sell cigarettes in the State and who are not
signatories to the master settlement agreement to inform the
state Attorney General of the volume of cigarettes it has shipped
into the State.

     Your Committee finds that tobacco product manufacturers who
are not signatories must make escrow fund deposits based on the
number of cigarettes sold in the State.  Your Committee further
finds that knowledge of the volume of cigarettes shipped into the
State will allow the Attorney General to verify the correct
amounts required for deposit into escrow.

     As affirmed by the record of votes of the members of your
Committee on Ways and Means that is attached to this report, your
Committee is in accord with the intent and purpose of S.B. No.
2764, S.D. 1, and recommends that it pass Third Reading.


 
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                                   STAND. COM. REP. NO. 2547
                                   Page 2


                                 Respectfully submitted on behalf
                                 of the members of the Committee
                                 on Ways and Means,



                                 ________________________________
                                 CAROL FUKUNAGA, Co-Chair



                                 ________________________________
                                 ANDREW LEVIN, Co-Chair

 
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