Loading chat...

MO HB1486

Bill

Official Source

Status

Introduced

1/24/2012

Primary Sponsor

Jamilah Nasheed

Click for details

Origin

House of Representatives

2012 Regular Session

AI Summary

  • Increases cigarette tax from eight and one-half mills per cigarette to sixteen and one-half mills per cigarette, effective upon enactment
  • Tax rate reduces to six and one-half mills per cigarette once the General Assembly appropriates 25 percent of the net federal reimbursement allowance to the health initiatives fund
  • Revenue from the additional eight mills tax (the increase) is deposited into the state general revenue fund, less a 3 percent reduction allowed under section 149.021
  • Tax is evidenced by stamps affixed to cigarette packages before sale in Missouri, with all stamps purchased from the director
  • Applies to all cigarette sales in the state, with wholesalers and retailers responsible for collecting and remitting the tax

Legislative Description

Increases the excise tax on cigarettes from 17 cents to 33 cents per pack of 20 cigarettes to be deposited, less a 3% collection fee, into the General Revenue Fund

Last Action

Referred: Ways and Means (H)

3/21/2012

Committee Referrals

Ways And Means3/21/2012

Full Bill Text

No bill text available