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MS HB755

Bill

Status

Failed

2/22/2023

Primary Sponsor

Bob Evans

Click for details

Origin

House of Representatives

2023 Regular Session

AI Summary

  • Increases the excise tax on cigars, cheroots, stogies, snuff, chewing tobacco, smoking tobacco, and all other tobacco products (except cigarettes) from 15% to 22.5% of the manufacturer's list price
  • Maintains the existing excise tax on cigarettes at 3.4 cents per cigarette with a maximum length of 120 millimeters
  • Effective date is July 1, 2023
  • Applies to all sales, use, consumption, handling, or distribution of covered tobacco products in Mississippi

Legislative Description

Tobacco; increase excise tax on all products except cigarettes.

Last Action

Died In Committee

2/22/2023

Committee Referrals

Ways and Means1/16/2023

Full Bill Text

No bill text available