| SB 0839 | Increases the taxes on cigarette and tobacco products |
| Sponsor: | Goode | |||
| LR Number: | 2646S.01I | Fiscal Note: | 2646-01 | |
| Committee: | Ways and Means | |||
| Last Action: | 01/12/04 - Second Read and Referred S Ways & Means Committee | Journal page: | S90 | |
| Title: | ||||
| Effective Date: | Referendum | |||
SB 839 - This act increases the cigarette tax to twenty- eight and one-half mills per cigarette, or fifty-seven cents per pack. This act also increases the tax on tobacco products other than cigarettes to thirty-three and one-half percent. This is a forty cent per-pack increase to cigarettes and a twenty-three and one-half percentage point increase to tobacco products.
The increased revenue from these two tax changes shall be deposited in the general revenue fund.
The act is identical to SB 254 (2003).
JEFF CRAVER