Bill

Bill > H0330


ID H0330

ID H0330
Amends existing law to provide for a tobacco tax cap of fifty cents per cigar.


summary

Introduced
03/16/2023
In Committee
03/22/2023
Crossed Over
03/20/2023
Passed
03/30/2023
Dead
Signed/Enacted/Adopted
04/06/2023

Introduced Session

2023 Regular Session

Bill Summary

TOBACCO TAXES -- Amends existing law to provide for a tobacco tax cap of fifty cents per cigar.

AI Summary

This bill amends existing law to provide for a tobacco tax cap of fifty cents per cigar. The bill modifies the existing tobacco tax rate of 35% of the wholesale sales price and adds a provision that the combined tax on a cigar imposed by this law and another section of the code shall not exceed 50 cents per cigar. The bill also makes some technical changes to the existing law regarding the timing and distribution of the additional 5% tobacco tax.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Revenue and Taxation Committee (House)

Last Action

Reported Signed by Governor on April 4, 2023 Session Law Chapter 291 Effective: 07/01/2023 (on 04/06/2023)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...