Staff Analysis of the Legislation
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SUMMARY:
This bill would amend Code Section 48-11-2 of the O.C.G.A. to increase sales tax on cigarettes and loose or smokeless tobacco.
REQUIREMENTS:
- Cigarette taxes would increase from $0.37 per pack of 20 cigarettes to $1.37 per pack.
- Loose or smokeless tobacco taxes would increase from 10% of the wholesale price to 25%.
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