<p> COMMONWEALTH OF KENTUCKY STATE FISCAL NOTE STATEMENT</p><p>GENERAL ASSEMBLY LEGISLATIVE RESEARCH COMMISSION 2003 REGULAR SESSION 2002-2003 INTERIM</p><p>MEASURE</p><p>(X) 2003 BR No. 1208 (X) House Bill No. 284</p><p>( ) Resolution No. ( ) Amendment No.</p><p>SUBJECT/TITLE AN ACT relating to the Tobacco Master Settlement Agreement</p><p>SPONSOR Representative Rob Wilkey</p><p>NOTE SUMMARY</p><p>Fiscal Analysis: Impact X No Impact Indeterminable Impact Level(s) of Impact: State Local Federal</p><p>Budget Unit(s) Impact</p><p>Fund(s) Impact: General Road Federal Restricted Agency (Type) (Other)</p><p>FISCAL SUMMARY ______Future Annual Fiscal Estimates 2002-2003 2003-2004 Rate of Change Revenues (+/-) Expenditures (+/-) Net Effect ______</p><p>MEASURE'S PURPOSE: The purpose of HB 284 is to require non-participating manufacturers to base their escrow payment on units sold in the state.</p><p>PROVISION/MECHANICS: HB 284 amends KRS 131.602, regarding the tobacco master settlement agreement, to require nonparticipating manufactures to base their escrow payment on units sold in the state, as participating manufacturers are required to do with regard to their master settlement agreement payments; and creates a new section of KRS Chapter 131 to provide that if the amendment to KRS 131.602 is held unconstitutional, this Act is deemed to be repealed.</p><p>FISCAL EXPLANATION: HB 284 has no fiscal impact.</p><p>NOTE NO. 43 PREPARER Stephen Mason REVIEW DATE 02/17/03</p><p>LRC 2003-1208-HB 284</p>