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AR HB1442
Bill
Status
2/12/2019
Primary Sponsor
Andy Davis
Click for details
AI Summary
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Increases the cost of doing business percentage for cigarette retailers from 7.5% to 9.5% under the Unfair Cigarette Sales Act.
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Creates a new 50-cent excise tax per package of approximately 32 sheets of cigarette paper sold in Arkansas.
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Establishes a 10-cent per milliliter excise tax on e-liquid sold in the state.
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Increases the special privilege tax on medical marijuana from 4% to 6% of gross receipts from usable marijuana sales.
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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WITHDRAWN BY AUTHOR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