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MO HB1519
Bill
Status
Introduced
1/21/2014
Primary Sponsor
Kimberly Gardner
Click for details
AI Summary
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Adds a tax of three-fourths of one mill per cigarette on cigarette sales beginning January 1, 2015, in addition to existing cigarette taxes.
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Revenue generated from the new tax, minus a three percent reduction allowance, is deposited in the state general revenue fund.
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Appropriated revenue from the new tax must be used solely for funding early childhood education as defined in section 161.216.
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Maintains existing cigarette tax structure and stamps requirements while adding the new early childhood education funding mechanism.
Legislative Description
Increases the tax on cigarettes by one and one-half cents per pack to provide funding for early childhood education
Last Action
Referred: Ways and Means(H)
1/29/2014
Committee Referrals
Ways And Means1/29/2014
Full Bill Text
No bill text available