Increases the cigarette tax from $0.17 to $1.50 per pack, pending voter approval
Missouri HB3133 proposes to increase the cigarette tax from $0.17 to $1.50 per pack of 20 cigarettes, subject to voter approval. The additional tax revenue will be deposited in the state general revenue fund. The tax applies to stamps purchased after the effective date, and wholesalers are restricted from purchasing stamps six months prior to the tax modification. The tax will be evidenced by stamps or a metering machine impression, securely affixed to cigarette packages.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.