MS SB3014

Adds a definition of "little cigar" to Mississippi tax code as any roll for smoking made wholly or in part of tobacco that uses an integrated cellulose acetate or similar filter and is wrapped in a substance containing tobacco other than natural leaf tobacco.

Imposes excise tax on little cigars at the same rate as cigarettes: 3.4 cents per little cigar with a maximum length of 120 millimeters, with cigars exceeding this length taxed as two or more cigarettes.

Requires little cigars to be taxed and stamped the same as cigarettes, including the requirement that wholesalers and retailers affix tax stamps within the specified timeframes.

Excludes little cigars from the 15% manufacturer's list price tax rate applied to other cigars, snuff, chewing tobacco, and smoking tobacco products.

Effective date is July 1, 2011.