Imposes a tax on the sale of cigarettes at wholesale or retail based on the increase in cost to the wholesaler or retailer.
This bill imposes a tax on the sale of cigarettes at wholesale or retail, based on the increase in cost to the wholesaler or retailer. It revises the definition of "cost to wholesaler" and "cost to the retailer" under the Unfair Cigarette Sales Law. The tax revenue will be deposited into various funds, including the General Fund, Education Enhancement Fund, and State Aid Road Fund. The bill also outlines specific percentages and amounts to be allocated to different funds based on the type of business activity and location.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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