HB139 Alabama 2015 Session

In Committee

Bill Summary

Sponsors

Steve McMillan

Session

Regular Session 2015

Title

Tobacco products, tax increase, discount adjusted on tobacco stamp purchases, distrib., Secs. 40-25-2, 40-25-2.1, 40-25-5, 40-25-23 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, and adjust the discount allowed on tobacco stamp purchases.

This bill also provides for the distribution of the proceeds from the tax increase on tobacco products.

To amend Sections 40-25-2, 40-25-2.1, 40-25-5, and 40-25-23, Code of Alabama 1975, relating to the state tax on cigarettes and other tobacco products; to increase the state tax on cigarettes and other tobacco products; to adjust the discount allowed on tobacco stamp purchases; and to provide for the distribution of the proceeds from the increase in tax on cigarettes and other tobacco products.

Subjects

Tobacco

Bill Actions

Action Date	Chamber	Action
March 5, 2015	H	Read for the first time and referred to the House of Representatives committee on Ways and Means General Fund

Bill Text

Download HB139 Alabama 2015 Session PDF

Bill Documents