Relating to tobacco products taxation; appropriating money; providing for revenue raising that requires approval by a three-fifths majority.
Catchline/Summary:
Creates Oregon Healthy Kids Program to provide health insurance to uninsured children under 19 years of age.Eliminates cap on maximum amount of tobacco products tax imposed on cigars.]
Applies to tobacco products tax reporting periods beginning on or after effective date of Act.]
Takes effect on 91st day following adjournment sine die.]
Creates Oregon Healthy Kids Program to provide health insurance to uninsured children under 19 years of age. Establishes provisions relating to implementation, funding and administration of program.
Increases taxes on tobacco products and revises distribution formula of tobacco tax revenues.
Refers Act to people for their approval or rejection at special election to be held on date specified in chapter ___, Oregon Laws 2007 (Enrolled ___ Bill ___) (LC ___).
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HB 2967
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