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MS HB593
Bill
Status
Failed
2/24/2010
Primary Sponsor
Bob Evans
Click for details
AI Summary
- Increases the excise tax on cigarettes from the current rate to 5.9 cents per cigarette sold, applicable to cigarettes with a maximum length of 120 millimeters, with longer cigarettes taxed as multiple cigarettes.
- Maintains the existing 15% excise tax on cigars, cheroots, stogies, snuff, chewing and smoking tobacco, and other tobacco products except cigarettes.
- Reduces the dealer discount on stamps purchased after June 1, 1985 from 8% to 4% for compensation of services related to tax compliance.
- Tax is levied on the sale, use, gift, possession or consumption of tobacco within Mississippi, with the tax burden falling on the ultimate consumer or user.
- Effective date: July 1, 2010.
Legislative Description
Cigarettes; increase excise tax on.
Last Action
Died In Committee
2/24/2010
Full Bill Text
No bill text available