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AR HB1442

Bill

Status

Introduced

2/12/2019

Primary Sponsor

Andy Davis

Click for details

Origin

House of Representatives

92nd General Assembly (2019 Regular)

AI Summary

  • Increases the cost of doing business percentage for cigarette retailers from 7.5% to 9.5% under the Unfair Cigarette Sales Act.

  • Creates a new 50-cent excise tax per package of approximately 32 sheets of cigarette paper sold in Arkansas.

  • Establishes a 10-cent per milliliter excise tax on e-liquid sold in the state.

  • Increases the special privilege tax on medical marijuana from 4% to 6% of gross receipts from usable marijuana sales.

  • Dedicates all additional tax revenue from cigarette paper, e-liquid, and a portion of medical marijuana tax proceeds to the University of Arkansas for Medical Sciences National Cancer Institute Designation Trust Fund to support achieving NCI-designated cancer center status.

Legislative Description

To Provide Funding For A National Cancer Institute-designated Cancer Center In The State Through Changes In The Laws Relating To The Sale And Taxation Of Tobacco Products, Cigarette Paper, E-cigarettes, And Medical Marijuana.

Last Action

WITHDRAWN BY AUTHOR

2/20/2019

Full Bill Text

No bill text available