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Bill > HB2463


MO HB2463

MO HB2463
Increases the cigarette tax from $0.17 per pack of 20 cigarettes to $0.27 per pack to be used for public education and health care purposes, upon voter approval


summary

Introduced
01/18/2024
In Committee
05/17/2024
Crossed Over
Passed
Dead
05/17/2024

Introduced Session

2024 Regular Session

Bill Summary

Increases the cigarette tax from $0.17 per pack of 20 cigarettes to $0.27 per pack to be used for public education and health care purposes, upon voter approval

AI Summary

This bill increases the cigarette tax from $0.17 per pack of 20 cigarettes to $0.27 per pack. The additional revenue generated from the tax increase, less a 3% reduction, will be used for public education and health care purposes, upon voter approval. The bill also adds a new tax of 5 mills per cigarette, with the revenue being distributed to the fair share fund, the health initiatives fund, and the state school moneys fund.

Committee Categories

Justice

Sponsors (1)

Last Action

Referred: General Laws(H) (on 05/17/2024)

bill text


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