HB3 Alabama 2015 2nd Special Session

Sponsors

Session

Second Special Session 2015

Title

Cigarettes, tax increased, discount on tobacco tax stamps lowered, Indian tribal refunds, further provided for, tax on vapor products, distrib. for Medicaid, Sec. 40-25-2.2 added; Secs. 40-23-1, 40-23-35, 40-25-2, 40-25-5 am'd.

Description

Currently, the State of Alabama levies a tax on various tobacco products.

This bill would increase the tax on cigarettes from $.425 a pack to $.675 a pack and provide for its distribution and would decrease the tobacco tax stamp discount from 7.5 percent to 4.75 percent.

To amend Section 40-25-2 and 40-25-5, Code of Alabama 1975, relating to the state tax on tobacco products, to increase the tax on cigarettes and provide for its distribution; and to decrease the tobacco tax stamp discount.

Subjects

Taxation