{"data":{"id":"us-in/ic-24-3-3-12","jurisdiction":"us-in","citation":"IC 24-3-3-12","heading":"Tobacco product manufacturers required to become participating manufacturer or place money in qualified escrow fund","body":"Sec. 12. Any tobacco product manufacturer selling cigarettes to consumers within Indiana (whether directly or through a distributor, retailer, or similar intermediary or intermediaries) after June 30, 1999, shall do one (1) of the following:\n(1) Become a participating manufacturer (as that term is defined in section II(jj) of the Master Settlement Agreement) and generally perform its financial obligations under the Master Settlement Agreement; or\n(2) Place into a qualified escrow fund by April 15 of the year following the year in question the following amounts (as such amounts are adjusted for inflation):\n(A) 1999, $0.0094241 per unit sold after June 30, 1999.\n(B) 2000, $0.0104712 per unit sold.\n(C) For each of 2001 and 2002, $0.0136125 per unit sold.\n(D) For each of 2003 through 2006, $0.0167539 per unit sold.\n(E) For each of 2007 and each year thereafter, $0.0188482 per unit sold.","path":["TITLE 24. TRADE REGULATION","ARTICLE 3. TOBACCO PRODUCTS","Chapter 3. Qualified Escrow Fund for Tobacco Product Manufacturers"],"source_url":"https://iga.in.gov/ic/2026/Title_24.html#24-3-3-12","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-04T18:50:41Z","sha256":"e89a88c8c0d6a3405574ef0070830f4e9337dd042cf11d6eff3bbb4ae5a6f1c5","source_id":"us-in","stale":false,"prev":"us-in/ic-24-3-3-11","next":"us-in/ic-24-3-3-13"},"notice":"GroundRules: Original legal text. Not legal advice."}