MS SB2230

Increases the excise tax on cigarettes from 3.4 cents to 10.9 cents per cigarette sold, with cigarettes exceeding 120 millimeters taxed as multiple cigarettes.

Maintains the existing 15% excise tax on cigars, cheroots, stogies, snuff, chewing tobacco, smoking tobacco, and other tobacco products.

Reduces the dealer discount or compensation for purchasing cigarette tax stamps from 8% to 4% for stamps purchased after June 1, 1985.

Provides that if the federal cigarette tax rate is reduced from its June 1, 1985 level, the state tax rate shall increase by the amount of the federal reduction, effective the first day of the following month.

Takes effect July 1, 2018.