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CT HB06655
Bill
Status
6/5/2019
Primary Sponsor
Finance, Revenue and Bonding Committee
Click for details
AI Summary
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Imposes a tax on untaxed tobacco products held in Connecticut at 50% of the wholesale sales price, effective July 1, 2019.
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Sets a maximum cigar tax of 50 cents per cigar and establishes a $3 per ounce tax on snuff tobacco products.
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Exempts tobacco products that are exported from the state or not subject to federal taxation from the state tax.
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Allows tobacco products owned by distributors at fulfillment service locations or distributor-owned warehouses to avoid taxation if exported, but imposes tax when shipped to Connecticut addresses.
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Reduces the tax by 50% for any products designated as modified risk tobacco products by the U.S. Department of Health and Human Services.
Legislative Description
An Act Concerning The Tax Treatment Of Tobacco Products That Are Exported From The State.
Last Action
Senate Calendar Number 693
6/5/2019