MO HB1673

Repeals and reenacts section 149.015, RSMo, to modify the cigarette excise tax structure.

Establishes a phased increase in the additional cigarette tax beginning January 1, 2013, adding 2 mills per cigarette in 2013, 4 mills in 2014, 6 mills in 2015, and 8 mills per cigarette for all years beginning January 1, 2016.

Revenue from the additional tax imposed under the new subsection 9 is deposited in the state general revenue fund, less a 3 percent reduction allowed under section 149.021.

Maintains the base tax structure of 8.5 mills per cigarette, which can be reduced to 6.5 mills per cigarette after the general assembly appropriates 25 percent of net federal reimbursement allowance to the health initiatives fund.

Requires cigarette tax stamps to be affixed to all packages before sale in Missouri, with stamps purchased only from the director.