52
LAWS OF MARYLAND
Ch. 7
(B) THE AUTHORITY SHALL DETERMINE AND ALLOCATE
ANNUALLY AMONG COMMISSION SELLING AGENCIES A DAILY SALES
QUOTA AND SELLING TIME, TO LIMIT THE POUNDAGE OF TOBACCO
SOLD DURING A MARKET SEASON TO PREVENT DISORDERLY MARKET
CONDITIONS.
(1) THE AUTHORITY SHALL USE THE MARKET
PERFORMANCE BASIS, IF APPLICABLE, TO ALL LICENSED COMMISSION
SELLING AGENCIES. UNDER THIS BASIS THE AUTHORITY SHALL
CALCULATE THE DAILY SALES QUOTA FOR EACH AGENCY BY TAKING
THE AVERAGE DAILY NET SALES IN POUNDS OF TOBACCO SOLD BY
THAT AGENCY OVER THE PAST FOUR MARKET SEASONS, MULTIPLIED BY
A FACTOR OF ONE-THIRD AS TO MARKET PERFORMANCE DURING THE
MARKET SEASON LAST PAST AND MULTIPLIED BY A FACTOR OF
TWO-THIRDS AS TO THE AVERAGE MARKET PERFORMANCE OVER THE
THREE PRECEDING MARKET SEASONS.
(2) THE AUTHORITY SHALL PROVIDE FOR THE SELLING
TIME AND THE DAILY SALES QUOTA FOR A NEW COMMISSION SELLING
AGENCY IN A MANNER WHICH IS FAIR AND EQUITABLE.
(3) THE AUTHORITY MAY REALLOCATE A PREVIOUSLY
LICENSED COMMISSION SELLING AGENCY'S QUOTA AMONG EXISTING
AGENCIES IN A MANNER WHICH IS FAIR AND EQUITABLE, IF THAT
PREVIOUSLY LICENSED AGENCY FAILS TO RENEW ITS LICENSE OR
SUBSEQUENTLY DISCONTINUES OR SUSPENDS BUSINESS WHETHER DUE
TO FIRE OR OTHER CASUALTY LOSS, LICENSE SUSPENSION OR
REVOCATION.
7-208.
(A) The Authority shall determine annually the opening
and closing dates for the State tobacco auction markets. To
assist it in making this determination, the Authority shall
call a meeting of licensed commission selling agencies and
loose leaf auction buyers not later than January 15 of each
year. The Authority shall give written notice of this
meeting to every licensed commission selling agency and
loose leaf auction buyer at least ten days in advance of the
date of the meeting. The Authority shall publish the opening
and closing dates not later than February 10 of each year.
(B) THE AUTHORITY SHALL PUBLISH THE DAILY SALES QUOTA
FOR EACH COMMISSION SELLING AGENCY.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act is
hereby declared to be an emergency measure and necessary for
the immediate preservation of the public health and safety
and having been passed by a yea and nay vote supported by
three-fifths of all the members elected to each of the two
Houses of the General Assembly, the same shall take effect
from the date of its passage.
Approved March 12, 1981.
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