Illinois SB1459 amends the Tobacco Products Manufacturers' Escrow Enforcement Act of 2003 to modify escrow fund requirements and penalties for.

Illinois SB1459 amends the Tobacco Products Manufacturers' Escrow Enforcement Act of 2003. It modifies the escrow fund requirements for tobacco product manufacturers, allowing them to make an irrevocable assignment of their interest in the funds to the benefit of the State. The bill also outlines penalties for violations, including civil penalties and potential revocation of distributor licenses. It specifies that funds withdrawn from escrow must be used to reimburse the State for Medicaid costs.

Illinois SB1459 amends the Tobacco Products Manufacturers' Escrow Enforcement Act of 2003 to modify escrow fund requirements and penalties for.

Illinois SB1459 amends the Tobacco Products Manufacturers' Escrow Enforcement Act of 2003. It modifies the escrow fund requirements for tobacco product manufacturers, allowing them to make an irrevocable assignment of their interest in the funds to the benefit of the State. The bill also outlines penalties for violations, including civil penalties and potential revocation of distributor licenses. It specifies that funds withdrawn from escrow must be used to reimburse the State for Medicaid costs.