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HB 0039 - Excise tax; cigarettes and loose or smokeless tobacco; increase amount

Tracking Level: Watch
Sponsor: Stephens,Ron 164th
Last Action: 2/3/2009 - House Second Readers
House Committee: W&M
Assigned To:
Finance - TaxationNext Bill

Staff Analysis of the Legislation

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%.

 


Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text