Relating to products containing tobacco; prescribing an effective date; providing for revenue raising that requires approval by a three-fifths majority.
Catchline/Summary:
Increases cigarette tax. Increases cigarette tax. Applies increase to cigarettes distributed on or after January 1, 2020, and to existing inventories of cigarettes not yet acquired by consumers as of January 1, 2020. Provides for distribution of revenues from increased tax. Prohibits distribution or sale of lower cost cigars in packages containing fewer than four cigars.
Takes effect on 91st day following adjournment sine die.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
Revenue Impact:
May Have Revenue Impact, But No Statement Yet Issued
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HB 3266 House Committee On Revenue
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