California's tobacco tax

A few weeks after conceding defeat in the June 5 major supporters of the initiative of raising taxes on tobacco to fund cancer research have asked for a recount of votes in some areas of Los Angeles.

Proposition 29 lost 50.3 percent to 49.7 percent – a margin of just 29,565 votes out of more than 5 million cast state – according to unofficial results posted by the office secretary of state. Supporters of the measures found June 22, stating that the gap is too large to overcome as the final ballots were counted.

But to tell it was suggested in some parts of Los Angeles County on Monday deadline for such a request, Registrar-Recorder/County Clerk Dean Logan confirmed on Thursday. Logan says the 191 sites were selected for counting of votes of supporters.

The request was filed by John Maa, in accordance with the Secretary of State office. A doctor by that name, who is a member of the American Heart Association Western States Affiliate, has been featured in press releases and advertisements yes 29. Attorney filter, Bradley W. Hertz in the San Francisco law firm of Sutton, was not immediately available for comment.

Formally, the proposal 29 campaign denied any involvement in the recount. Official Representative Tim Douglass wrote in an email that “no one with any official connection to the campaign with such a request.”

Logan says his department will begin the process of telling the following Monday, the counting of ballots electronically before hand the number of mid-week. He said he expects the recount, which may take more than a week, will cost about $ 5,700 a day. The campaign asked to tell what has to cover the amount of daily deposits, although the taxpayers pick up the tab if the process of changing the election results.

Selected areas were about 48,000 of about 900,000 votes cast for and against the measure in the country. The campaign can add more sites, or pull the plug on the process at any time, Logan said.

Proposition 29 would increase the cigarette tax by $ 1 a pack to pay for cancer research and smoking cessation programs. It was organized by the American Cancer Society, American Heart Association and American Lung Association.

The opposition campaign running on tens of millions of dollars from tobacco companies argue that the income can be put to better use and control panel is created; this measure lacks accountability and creates more bureaucracy.

Employment of GISH teenagers finds time to speak out against tobacco

It is part biography of Jackie Christensen. Christensen, who is a senior at Grand Island high in August, recently added to her resume when she was named to the board of youth leaders to No Limits. Christensen said, No Limits is a youth organization dedicated to tobacco control activities and “opposing and exposing Big Tobacco.”

Although there are No Limits organization in Grand Island, Christensen said that she decided to participate in the spring kick Butts Day rallies in the city of Lincoln, who put on No Limits. The event gave young people from around the state the opportunity to express their disagreement with the use of tobacco and tobacco, as well as meet with the senators of the state of Nebraska. Christensen says that she does not get the opportunity to meet with state Sen. Mike Gloor of Grand Island, but it is to get to talk with an assistant from his office.

Young people use these opportunities to talk about legislation that could help reduce the number of smokers, especially among young smokers. “Ninety percent of adult smokers started smoking before the age of 18 years,” says Christensen. Conversely, if people have never tried smoking by the time they turned 25 years of age, they most likely will never smokers. She said: Big Tobacco knows these statistics, so their marketing efforts so often targeted at young people.

Christensen said that young people often believe that they can “taste” of smoking and then quit anytime they want. However, it noted that smoking on a regular basis for even a few months may be enough to make people dependent. She also said that smoking addiction can be hard to break, because there are so many smoking “triggers” that can make a person who quits want to take up smoking again.

As a result, the most effective tobacco controls strategy, as a rule, to prevent young people from trying smoking in the first place. Christensen said an effective deterrent against smoking is to increase the value that can be done by raising taxes on tobacco products. She said: No Limits often calls on lawmakers to increase taxes on tobacco products. In 2011, Gloor introduced legislation to raise the tax on cigarettes Nebraska, but the bill is gaining momentum with difficulty because of the generalized against raising taxes of any kind, as well as against higher taxes, which some people consider discriminatory.

Although Gloor did not get to talk Christensen personally, he welcomed the decision to join No Limits. He said one of the major tobacco companies spent $ 250,000 in 2011 against his bill to raise taxes on cigarettes. He said that sometimes the only way to deal with this kind of grassroots efforts through the efforts of people like Christensen. He said that these efforts to keep the matter before the public, helping people to understand that Nebraska escapes in the surrounding states cigarette taxes. Gloor said an even greater concern about an increase in public spending in programs such as Medicaid, tobacco-related issues.

Christensen said she was inspired to join No Limits, partly because she personally witnessed the negative effects of smoking on some members of her family. No Limits are often regional meetings, which provide either local offices or other anti-smoking group ideas for anti-tobacco activities and events in the organization sometimes provides small grants for various projects. Christensen said that Raymundo Reyna, who was a senior member of the SADD organization, was one of two GISH students who participated in the No Limits conference and was inspired to organize a balloon release in high school.

1200 helium-filled balloons that were released in 1200 represented the Americans who die every day from diseases caused by smoking. Christensen said that although nothing definite at this point, no restrictions may attempt to extend its anti-tobacco message to the people at the fair state of Nebraska. She said that she might be a good opportunity to people from all over the state coming to the fair.

A summary of the Christensen takes a lot of his time: the game or right field or left field for the Flames Girls Travel fast pitch Nebraska football team. When asked, Christensen did not honestly know how many games a year her team plays She said that the team is “at least four games,” every weekend in the tournament, and he usually plays one game a week. For example, Christensen said, Flames played a doubleheader in Cozad last Thursday and had to play in a tournament in Kansas City area last week. Within 12 weeks of summer, a timetable for adding at least 60 games. According to her, the flames also play in the fall, and even play a few games indoors in Lincoln and Omaha in the winter. According to her, the number of games begins to pick up again in April.

Christensen says she has an older brother and two older half-brothers. The result: “I always thought it would be interesting to have a little sister or brother.” She said that was part of her motivation to become a Big Sister in Big Brothers Big Sisters program of Grand Island. Because of the limitations of age, students such as me can only meet with their Little Sister in the school the young student. Christensen said that she usually used her lunch break to meet with her Little Sister in the Starr Elementary. She said that it was rewarding to try to have a positive impact on younger students, and be empathetic listener for a young person to talk to. “We had fun,” said Christensen. “I think we really connected. I would definitely stick with the program (Starr and her Little Sister) this year.”

Although Christensen is not sure where she will attend college after graduating high, its long-term goal is to participate in the University of Nebraska Medical Center, so she can become a pharmacist. Although she was not confident in their freshman and sophomore years of a career that she wanted to do, Christensen is currently focused on pharmacy, as she discovered how much she loves science classes. Her 4.2 grade point average and honors certificates AP classes, which she accepts that allows you to earn more than the 4.0 score. As part of an introductory health class during her freshman year, Christensen said she must take an excursion to the UNMC. “I do not understand how people can even breathe,” she said.

Tightening position on tobacco products

Health groups unite to call for duty-free tobacco allowance to be scrapped and a huge increase in cigarette prices over the next four years.

Groups – including the Royal Australian College of Physicians, cardiac society of Australia and New Zealand, Heart Foundation, the Association of Physicians of Maori College of Nursing and Auckland Regional Public Health Service – have put in submissions to the Customs and Excise (Tobacco – Budget Measures) Amendment Bill impose a tax on tobacco hikes announced in the budget.

They all want to benefit for duty-free tobacco for scrapping the following steps in Australia to dramatically reduce the tax-free allowance. In addition, they are rallying behind the call for 40% more next year, and then a 20% increase in each of the three years after that, well above the increase announced in the budget of 10% per year over four years.

The more you grow – first proposed health specialist Dr. Murray Laugesen to the New Zealand Medical Journal – will push the price of a package of 20 cigarettes to $ 29 for four years, from $ 13 now. Dr Laugesen estimated that higher tax rates for the health groups will offer 100,000 smokers quit and reduce consumption by one billion cigarettes in the next year.

Currently, travelers can bring 200 cigarettes in New Zealand free of duty. On September 1, aids in Australia will be reduced from 200 to 50 after the change in the budget of the Australian Government. The New Zealand government has already agreed to consider changing the duty-free rules in line with other countries, especially in Australia and Deputy Health Minister Tariana Turia said it was possible, but stayed it was relatively difficult because of international obligations.

“We always try to keep up with what’s happening in tobacco control in Australia. “We looked at the options on the issue of duty-free tobacco products, but there are some problems out there that make it hard.” Ministry of Health 2008 study showed that about 7.4% of smokers bought cigarettes from a duty free shop. Heart Foundation medical director Norman Sharpe said the duty-free tobacco was the largest source of black market tobacco products in the country, and cost 63 million dollars in lost revenue.

“In fact, this lost revenue is anomalous and state subsidies for the tobacco industry and the black market profiteers.” In his view, global public health, the director Trish Fraser said that future changes in Australia meant a lot of duty free retailers are now said that the cigarette is not worth stocking at airports.

“As a result of the experience of Australia, I think there is a good case for New Zealand to ban the sale of duty-free cigarettes.” Royal Australian College of Physicians and presentation of cardiac society also pointed out the study for the Ministry of Health, Dr Marewa Oakland University Glover. It showed two-thirds of smokers live in low socio-economic groups tried to go after the tax increase in 2010 and 2011, but relapses were high, and 40% of those who did not output started buying cheaper brands and smoke close to the filter to get more from cigarettes, or cut, and not smoking.

“Such actions are intended buffer the financial impact and seems to indicate a higher limiting tax increases and other measures that are called for.” Several groups have pointed to research by Dr. Glover. “Tougher tax increases will lead to more successful attempts to quit smoking, and the ability to mitigate the tobacco companies” to keep their sales by introducing a very low-cost brands. “

He said the huge increase would also reduce the ability of tobacco companies to cover the cost increases. The Committee on Finance and expenditure select regarded Customs and Excise (tobacco – Budget Measures) Amendment Bill.

School Boards Association supports the initiative of taxes on tobacco

Missouri School Boards Association voted to support a plan that will increase the Missouri low-in-the-nation tax on cigarettes from 17 cents per pack to 90 cents starting in January.

MO School Boards Association’s press Brent Hahn said: “We believe that it’s kind of hard argument to make it, we must remain low taxes on tobacco in the country, we are still trying to find new sources of revenue to fund public education and other things that we need here in Missouri.” Office of the State Auditor assesses the increase in tobacco taxes will generate up to more than $ 400 million a year. Half the money will go to public school districts, 30% with higher education and 20% of the effort to prevent people from using tobacco and to help them quit smoking.

Initiative spokeswoman Misty Snodgrass said: “It’s not just health care organizations. It is not only educational institutions. We get a significant number of endorsements from the business community.” Some smokers Jefferson said they were tired of being an easy target, allowing the government to tell them when and where they can smoke and how much they pay in additional taxes. Smoker Lynn Ritter said: “I think it’s outrageous. I wish they would pick on someone else for our taxes.”

Smoke shop owner Jefferson City, said higher taxes on tobacco will not stop people from lighting. We Be smokin’owner Tommy Norman said: “When people are ready to quit, they do. You can not take a pill to stop smoking. You must do this in your mind.” Officials from the Office of the Secretary of State need to know if the supporters submitted enough signatures to qualify the measure for the November ballot sometime in August.

Illinois legislators have recently increased the tax on tobacco products on the dollar. This led to an increase in the national average tax on tobacco from $ 1.46 to $ 1.49. Missouri Association of School Boards reserve potential November ballot initiative asking the voters of Missouri to increase taxes on tobacco products for the benefit of the school.

The union voted Tuesday to support a plan that would raise the Missouri low-in-the-nation tax on cigarettes from 17 cents per pack to 90 cents starting in January. The state auditor’s office estimates the initiative will create between $ 283 million and $ 423 million a year. Fifty percent of the funds will go to the school districts, 30 percent with higher education and 20 percent effort to prevent people from tobacco use and help them to quit it.

Secretary of State office has not yet been determined if the supporters submitted enough signatures to qualify the measure for the ballot.

Maharashtra is connected to tobacco

GATS developed by Center for Disease Prevention and Control in Atlanta, by the way government showed that 31.4% of population from Maharashtra use tobacco.

Memorial Cancer Center that tobacco is the problem in many of disease and it represent the main economic interest for Atlanta. Accordic to WHO, one from three adults die in his 14-17 from tobacco problems, all these make Maharashtra to have illness due tobacco consumption. “Many of the patients, treatment costs, which can reach hundreds of thousands of rupees, you need to be borne by the Government.

State authorities; however, seems to be sluggish in the application of laws against tobacco. Anti-tobacco lobby was defeated on Suterday, when the government order to ensure food safety regulation and standards and the law banning the manufacture and sale of gutkha in the state died in the office of the proceedings.

What a pity that while the majority of tobacco users think of kicking butt, but very few actually do it. According to the survey, only 3.8% of daily adult smokers in Maharashtra have successfully given up the habit in the past 12 months. Although the number of those who have been able to quit smoking is lower, the number of adults who have already tried to stop tobacco use is slightly higher.

31.3% of smokers and tobacco chewers 30% tried to quit in the past 12 months. This is an extremely low figure, according to Dr. Prakash Gupta, director Healis Sekhsaria Institute of Public Health, due to lack of awareness about the dangers of smoking, and lack of anti-tobacco legislation in the state.

64.6% nee a doze of tobacco after an hour or two when they wake up that’s why the disease has become something normal in the state of Maharashtra. And according to WHO youth are leading to premature death of three adults from India. 8.5% of woman and 27.4% of men between 15 and 24years.

“Previously, it was impossible any younger than 35 head and neck contracts because of tobacco use. Now we get patients aged 22 to 24 years who were infected,” said Dr Pankaj Chaturvedi, head and neck surgeon at Tata Memorial Centre.

Altria first producer of tobacco whose price increases in 2012

Altria leads the industry with the first price increase this year; a sign of tobacco continues to command strong pricing power.

– All three major tobacco companies has announced two rounds of price increases in the last year

– Reynolds American and Lorillard are not raised prices this year, although analysts expect they will be.

– Altria Group Inc. MO 1.23% is pushing through a package of six per cent increase in prices of all tobacco manufacturers’ brands, a move that still does not match rivals Reynolds American Inc. RAI 1, 80%, and Lorillard, Inc. LO 1, 41%.

The maker of Marlboro brand of cigarettes and L & M product prices increase since June 18. This step is a sign of tobacco continues to command strong pricing power; the first round of the price action of the manufacturer has taken this year.

All three players made two rounds of price increases last year in July and December. The increase came at a time when state excise taxes have been fairly muted, and some analysts say, domestic retail prices for cigarettes are well below the global “income adjusted” average.

Analysts in recent weeks have been demanding for the players in the industry to raise prices, a step necessary to help the recovery of profitability, industry cigarette volumes continue to decline. Many expect, Reynolds American and Lorillard will follow the example of Altria in the next few days, often as a trio moves on pricing in a small window.

Representatives from Lorillard and Reynolds American reported Dow Jones Newswires; they are not kept pace with Altria, and did not comment on plans for the future pricing.

Wells Fargo analyst Bonnie Herzog has included expected prices for Altria in the income of the bank estimates. Ms. Herzog expects the second quarter cigarette volume in the industry will be strong as the wholesalers were building their reserves over the past few weeks in anticipation of price increases and due to the fact that inventory levels were low at the beginning of the quarter.

If the price increases were to be uniformly consistent Reynolds American and Lorillard, Citi analyst Vivian Azar said Reynolds would be of great benefit. Ms. Azar said the six per cent would mean an increase of 1.6% lift for the Camel, and 1.8% for Pall Mall, as compared to 1.4% in Newport Lorillard.

For Marlboro Altria, which represents 87% of the total company, the increase of 1.5% proved to be a campaign, Ms. Azar said. This is lower by 2.4% more than July last year but slightly ahead of the increase in December.

Altria shares were up 0.3% to $ 33.38, while Reynolds American rose 0.8% to $ 42.07 and Lorillard was 0.6% up to $ 124.

Connecticut legislature passes a broad account of the budget

Connecticut lawmakers returned to Capitol Hill to finish work on two broad budget-related bills, but the special session on Tuesday was overshadowed by the controversy over Congressional Campaign Speaker of the House Chris Donovan and deposits are associated with one of the bills under consideration.

State Rep. Stephen Dargan, D-West Haven, talks with the leader of the majority in the House of Representatives Congressman Brandan Sharkey D-Hamden, during a special session in the Capitol in Hartford, Conn., Tuesday, June 12, 2012. (AP Photo / Jessica Hill). Hidden in one of the budget bills have a suggestion about the tax roll of its own stores of tobacco products and require them to obtain production and, possibly, the distribution of licenses. Federal authorities recently arrested a former director of the Congressional Donovan finance and charged him with conspiracy to hide the source of $ 20,000 in contributions from the opponents of the bill.

Donovan, a Democrat, presided at the opening of the House of Representatives on Tuesday, speaking at the podium for the opening prayer and the pledge of allegiance. But then he stepped aside and allowed the vice-speaker of the house to take the job. He was out of sight for much of the lengthy discussions of the day. “I opened my camera and my deputies, as always, here to take up the matter, and that’s fine,” said Donovan, who planned to vote Tuesday. Donovan said he knew nothing about the alleged scheme and did not do anything wrong.

Minority Republicans who said they were not allowed to participate in the formulation of legislation on Tuesday took issue with a lot of extra-related issues on the two accounts. Elements of the more than 100 bills were merged into these measures. They also accuse the Democrats to pump out surplus funds to pay for pet projects. “This is not a way to run the General Assembly. This is not democracy,” said Minority Leader in the House of Representatives Lawrence Cafero Jr., R-Norwalk.

House Majority Leader Brendan Sharkey, D-Hamden, said the leaders did not have a clear idea of ​​what happened or when the General Assembly adjourned last month, and said that this is why so many items were before lawmakers on Tuesday. Sharkey said that he disagreed with the criticism of the Republican legislative budget performance for the Republican Party did not initially support. After the debate, which lasted for most of the day and night, and the bills passed by the House of Representatives and the Senate on the main line of the party after an hour of debate? The Senate finally wrapped up early to vote on Wednesday evening.

Senate Minority Leader John McKinney, R-Fairfield, lawmakers objected to the holding of two special legislative sessions on Tuesday, the parliamentary motion to take the non-budgetary matters. He made note of “a very dark cloud” hanging over the session – a reference to a study in the roll of his own cigarette campaign contributions to Congress, Donovan – and asked how many legislators actually read the bills. “If you’ve read all 472 pages of one of the bill and 192 pages of another, stand up and say this because I know you do not,” McKinney told his colleagues. “And I know, more importantly, none of our electorate is.”

Two of the bill set out details of the many issues included in a revised $ 20.1 billion budget passed earlier this year. There are also many elements that have not been able to during the regular session, such as job creation bill supported by Senate Democrats, which expands the state financial assistance to additional small businesses. Standing outside the home, Tracy Scalzi, owner of Smoke Shop Tracy and Tobacco Company, offered little hope that lawmakers will deprive the provision requiring the deployment of its own stores to observe the same laws that govern the cigarette manufacturers who sell in the state of Connecticut, including rules relating to licensing and taxation. The bill will come into force on 1 October.

Scalzi said she was told last month that the budget-implementation bill will include language to help her shop. But Donovan’s campaign has since been subject to federal control, and she said a few legislators are willing to help her now. “There’s a big scandal, that everyone is focusing on, not by the hand, that the 15 stores will close and 140 people will lose their jobs,” she said, predicting it will have to close because of new taxes and fees will negate any financial benefits for their clients. “I would lose more than 80 percent of my people, who are rolling in my shop,” she said.

Rep. John Piscopo, R-Thomaston, said lawmakers should remove the roll of its own issue with accounts of the budget and deal with the issue next session, and to hold public hearings on this issue. He said it was unfair to employers to suddenly change the rules. But Rep. Patricia Widlitz, D-Guilford, co-chairman of the tax-writing committee, said that the roll of its own stores should have known that they were making risky investments. “When people want to enter into a new business to be discussed at the General Assembly should be eliminated – that part of it – I think that you are entering the business at your own risk,” said Widlitz.

The proposal of Japan Tobacco

Expansion of the probe into insider trading, which has got the largest brokerage in Japan now threatens to complicate the plan to raise as much as $ 6 billion to fund reconstruction efforts after the March 2011 earthquake, bankers and bureaucrats.

Ministry of Finance of Japan is in the process of selecting four underwriters to manage product offerings for Japan Tobacco, the third-largest cigarette company in the world – the deal is expected to rank one of the largest shares of sales in Japan in recent years. In addition, the deal represents the first significant proportion of Tokyo, Japan deals with the securities regulators launched a formal investigation into insider trading at Nomura Holdings.

Nomura is the largest brokerage in Japan, a leading underwriter in the market and the dominant force in the Japanese retail investors, which usually can be expected to compete for places in the top signing a deal as tobacco Japan. But Nomura will be excluded as an underwriter for the sale of state-owned enterprise, if the insider trading probe results in sanctions against him, officials say. Ministry of Finance plans to cut the state’s share of tobacco in Japan for one-third of the nearly half, to raise money for the tsunami-ravaged country’s reconstruction north-east coast.

Nomura declined to comment on the share of tobacco sales in Japan and whether his business could affect the investigation. Twelve investment banks have filed to sell shares in Japan Tobacco period on Wednesday, five of whom were Japanese brokerage, people with direct knowledge of the process of Reuters. 5.3 The Ministry of selected stocks of brokerage sales in Japan and 4-6 foreign banks to handle sales abroad, officials say. The final decision on the insurers will be in mid-June. If Nomura were excluded, you will have to pay a price in prestige. Japan Tobacco deal is expected to generate underwriting fees of 1 percent of the proposals, but it will mean an opportunity to show the form of marketing skills that could be used on land and other potential issuers, bankers say.

Nomura has already been associated with insider trading in two large issue of securities. In those cases, stocks, Nomura employees leaked information about the sale of shares of Mizuho Financial Group Inc and oil explorer Inpex Corp prior to their announcement, in accordance with the regulatory authorities and the people with knowledge of the case. Last week, the probe insider trading reached JP Morgan Chase & Co, a Wall Street bank was identified as the source of the leak of confidential information about the planned placement of shares to Nippon Sheet Glass Co Ltd in 2010.

Japan’s Securities and Exchange Surveillance Commission also asked the U.S. Securities and Exchange Commission (SEC) to investigate insider trading in 2010, the share of the power supply Tokyo Electric – a deal in which Nomura was the lead underwriter.


Ministry of Finance last month has created a digital scorecard for the selection of insurers, which includes an assessment of the strategy of each firm to sell shares in Japan Tobacco and the proposed fee. But 12 percent of the total score on the loop line brokerage efforts, documents show. If the banks to manage the transaction of Japan Tobacco have been fined for violating securities laws, they will be excluded from the transaction, people close to the process said, asking not to be named because the selection is continuing, and no fines were levied by Nomura.

There is precedent for such action. In 2002, Morgan Stanley was not able to bid to join the government sale of shares in East Japan Railway and West Japan Railway. The invitation to tender was sent, when Morgan Stanley was serving a five-week ban on trading in shares of its own funds in Japan after the violation of the securities. Nomura, which has an extensive network to domestic private investors, has extensive experience with the Japanese government’s share of sales, including NTT, the largest telephone company in Japan and East Japan Railway, the largest rail operator in the country. Nomura was the principal underwriter for the shares of Japanese companies last year, while JPMorgan ranked 14th, according to Thomson Reuters.

JPMorgan also declined to comment on the placement of shares in Japan Tobacco. Brokerage, said this week that Japanese regulators did not find the “organizational” participation in insider trading. The proposal will enable the Ministry to sell as much as 1660000 shares of tobacco in Japan. Shares closed Friday at 432,500 yen (5,500 dollars) each, and received 19 percent this year.
Japan Tobacco, which last month announced the acquisition of the Belgian tobacco producer Gryson NV for 475 million euros, said it would buy about 250 billion yen of its shares, if the government proceeds to sell the shares until March next year – leaving about $ 6 billion dollars to aid post-disaster recuperation.

Tobacco use

April 17 in Birmingham City Council voted to ban smoking in bars, the last refuge for the residents of Birmingham who want to smoke in public places.

The crowd of supporters and opponents spoke for more than two hours before the debate ended, and advisers voted for a resolution, as most anti-smoking audience applauded the council chamber. In accordance with the new regulation, smoking is prohibited inside all companies and, within seven feet of the entrance of any business (except for the cigar stores, and “hookah” bars that are at least 80 percent of revenue from tobacco products). The changes take effect on May 17.

In speeches in support of the law included Alabama Secretary of State Beth Chapman, whose husband died of a respiratory illness at the age of 50 years, although a non-smoker. Chapman, who has respiratory diseases, said: “We as a society would never intentionally hurt the patient’s body with hemophilia or put a large amount of sugar in people with diabetes, the body against their will. So why should we allow others to put a large amount of smoke in the body of the people with respiratory illness against their will? “Once admit that she was smoking 30 years ago, Chapman admitted:” I beg you to do everything possible to eliminate even the slightest possibility of another life to be endangered because of we knew it was dangerous. “

Another supporter of the ban, a local physician and clinical assistant professor in the company to carry the device of oxygen, and also admitted that a former smoker. “Even walking through the crowd, where people smoke usually affects the breathing, because I’m such a bad residual [lung] function,” he said.

While proponents often say passive smoking as the main reason to pass judgment, opponents pointed out that people were already free to avoid smoky bars, and that most bartenders working in such establishments smoke themselves. Even more disturbing was the suspicion that no such prohibitions be initiated simultaneously in neighboring towns, Birmingham bars will see many of their customers go to smoke-friendly establishments outside the city limits.

James little, representing the five points of South Merchants Group, said that more than $ 25 million in 2011 tax revenue of the city came from the “food and restaurant taxes.” Along with other business owners, the Small expressed his disappointment that the final text of the decree was posted on the website of the city just 24 hours before the April 17 public hearing, to give merchants a little time to consider it. The Board ignored the request to postpone the vote on the Little week.

Stillwater Pub co-owner Jason Branson objected to the new regulation as unfair “in a place where we do not even check emissions.” Brunson said, “Passing the old car can be as dangerous as someone walks in the outer region, having to go through cigarette smoke someone to get to the door of the establishment of non-smokers.” However, another resident was shocked that she had to walk on the sidewalks, where social workers and patrons to sit in a “chair” on the patio, which are not large enough to be a real patio. “You see that smoke, before you even get to him,” she said. Stroke victims support for the ban to blame their conditions on past smoking habits, while others described how cigarette smoke destroyed the life of families.

UAB researcher who studies the effects of nicotine on the vision asked the Board to remove the “electronic cigarettes” (electronic cigarette that evaporate the liquid, which typically contains nicotine) of the regulations. “I use the electronic cigarette in two and a half years. I have not smoked for two and a half years,” she said. “I can not breathe. I do not smell bad. I’m not a risk to other people. My health has improved…. a couple of e-cigarettes are no more dangerous than a pair of cups of coffee. It is much less harmful than too much in the spirit closed rooms.

“E-cigarettes were later given the OK after councilor Valerie Abbott said that the FDA has not brought about the withdrawal of the dangers of secondhand pair. If FDA determines that such harmful, the law will be amended. The most interesting statement was made member of the mayor’s office, speaking as a citizen, who suggested the Council that, if tobacco is bad “, let’s ban it and stop the collection of income tax on it.”

States could see more tobacco payments this year

States are estimated to receive about 1% more in annual payments from tobacco companies this year than in 2011, offering more money will be available to return billions of dollars of municipal bonds, tobacco payments.

It is expected that the state will receive about $ 6.1 billion from tobacco companies this year, according to figures released by the National Association of Attorneys General. Last year they collected about $ 6.03 billion. Payments are made according to the 1998 settlement, the States agreed health-related claims against tobacco manufacturers.

Tobacco companies should make their annual payments on April 15, but will make their April 16 this year because April 15 falls on a Sunday. The amount actually collected may be somewhat different if some companies are unable to make payments in the past year, the default is 20 million dollars. Payments are based on U.S. consumption of cigarettes in the previous calendar year.

Cigarette consumption has declined faster than expected over the past few years, forcing Virginia, Ohio and California, to use the reserves last year to pay the investors who own tobacco bonds. It was not clear whether the slight tick in payments will be sufficient to capture the state of their reserves again.

Cigarette consumption fell by 3.5% in 2011 after declining by 3.8% in 2010 and 8.6% in 2009, according to industry research group Department of Science Associates. The companies that signed the 1998 agreement may hold some payments if they lose market share to other producers who have not yet signed. Companies are not required to hold a so-called “non-participating manufacturer adjustment,” but last year the three original signatories – Reynolds American Inc (RAI), Lorillard Inc (LO) and Altria Group Inc (MO) – continued, the money from the state.

Although the fee for that year was founded in 2011, cigarette consumption, not participating manufacturer adjustment of the three original signatories based on 2009 sales. Adjusting this year is about $ 780 million less than the approximately $ 825 million in the previous year, according to the Attorney General. Even if the consumption of cigarettes continues to decline, the less this year, the adjustment helps states with a small tick in the tobacco payments. Approximately $ 6.1 billion in tobacco payments is estimated this year includes setting.

The market share of signatories continues to grow. Their combined share amounted to 84.71% in 2011, the most since 2007, when the figure was 84.77%, in accordance with the Attorney General. The market share for companies that have not signed an agreement in 1998 was 5.65%, the lowest since at least 2003, according to the Attorney General.

Vikram Rai, a credit strategist at Citi, said that a small tick in the actual payments this year will be a plus for Bond brand of cigaretes, despite the short-date bonds could rally more. Furthermore, if the original signatories to continue to recover market share from companies that have not signed an agreement to adjustments in the future should be lower. Cautious investors have traditionally avoided because of the risk of tobacco bonds, while others were brought to their high yields. Tobacco bonds are generally more volatile than other municipal bonds, as well as offer juicy returns, although they also have the potential to outperform.

Later take into account the relationship of tobacco consumption is declining in more recent years, to turn to a more risk-averse investors. For example, Ohio, listed in a study in 2007 bond prospectus, which is estimated at 1.8% per annum reduction in cigarette consumption.

Forty-six states signed the 1998 agreement, and there is about $ 30 billion of tobacco bonds in circulation.