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GA SB539

Bill

Official Source

Status

Introduced

2/20/2024

Primary Sponsor

Nikki Merritt

Click for details

Origin

Senate

2023-2024 Regular Session

AI Summary

  • Increases Georgia's excise tax on cigarettes from 37¢ to 57¢ per pack of 20 cigarettes, a 20¢ per pack increase, with a proportional rate for other package sizes
  • Expresses the General Assembly's intent that the proceeds from the 20¢ increase be appropriated annually to address healthcare issues affecting Georgia residents
  • Requires the Department of Revenue, upon request by the chairperson of the House or Senate Appropriations Committees, to report the amount of proceeds generated from the increase in the prior fiscal year
  • Leaves all other tobacco and vaping product tax rates unchanged, including taxes on cigars, loose/smokeless tobacco, and vapor products

Legislative Description

Taxes on Tobacco and Vaping Products; the rate of the tax on each pack of cigarettes; increase

Last Action

Senate Read and Referred

2/21/2024

Committee Referrals

Regulated Industries and Utilities2/21/2024

Full Bill Text

No bill text available