Bond Overview Purpose: To guarantee payment for all Florida alcohol and tobacco taxes Who Needs It: Tobacco or alcohol product manufacturers and distributors in Florida Regulating Body: The Florida DBPR Division of Alcoholic Beverages & Tobacco Required Amount: $500$150,000, based on value of owed taxes Premium Rates: Typically 13%, credit-based What is a Florida alcoholic beverages and tobacco bond
Even with the new age minimum, anyone in the age range 18-20 that already had started legally buying cigarettes has a good shot of already being addicted to them and, depending on the person, they likely arent going to move on and stop smoking right off the bat because of the new legislation
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5 The tobacco industrys profiling marketing model means that where you live, who you love, your ethnicity, mental health, and income influence whether you smoke, said Robin Koval, CEO and president of Truth Initiative, the national public health organization that directs and funds the truth campaign
