| SB 0004 | Submits certain surcharges to a vote of the people |
| Sponsor: | Goode | |||
| LR Number: | 2287S.01I | Fiscal Note: | 2287-01 | |
| Committee: | Ways and Means | |||
| Last Action: | 06/11/03 - Hearing Conducted S Ways & Means Committee | Journal page: | ||
| Title: | ||||
| Effective Date: | Voter Approval | |||
SB 4 - This act applies a 5% surcharge on individual tax
liability for those earning more than $200,000 (federal adjusted
gross income). The act raises the cigarette tax by 55 cents and
the tobacco tax by 20%. The act raises the admission fee on
gaming boats by $1.70. The act raises the AGR tax on gaming
boats by 5%. The act submits these increases to a vote of the
people, and contains ballot language to this extent.
JEFF CRAVER