HB9 Alabama 2015 1st Special Session

Summary

Primary Sponsor

Mike Hill

Republican

Session

First Special Session 2015

Title

Tobacco tax, increased, discount on stamps adjusted, privilege license tax on consumable nicotine vapor products, Secs. 40-12-72, 40-12-73, 40-25-2, 40-25-2.1, 40-25-5, 40-25-23, 40-25-40, 40-25-41 am'd.

Description

Currently, the State of Alabama levies a tax on various tobacco products. This bill would increase the tax on cigarettes and other tobacco products, adjust the discount allowed on tobacco stamp purchases and require wholesalers and retailers of consumable vapor products to purchase an annual privilege license.

Currently, there is no tobacco tax on vapor products containing nicotine. This bill would add a new section to Chapter 25, Title 40, to levy a tax on vapor products containing nicotine and provide for definitions in the new section. This bill also provides for the distribution of the proceeds from the tax increase on tobacco products and the tax levied on vapor products containing nicotine.

Currently, there are no provisions to prevent cigarettes from being sold by a retailer for less than cost. This bill would add a new Chapter 37 to Title 8, entitled “Unfair Retailer’s Cigarette Sales Law.”.

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Subjects

Taxation