Bill No.: HB0067 Drafter: JDA

 

LSO No.: 09LSO-0142 Effective Date: 7/1/2009

 

Enrolled Act No.: HEA0015

 

Chapter No.: 43

 

Prime Sponsor: Joint Revenue Interim Committee

 

Catch Title: Tobacco excise tax.

 

Subject: Taxation of moist snuff tobacco by weight.

 

 

Summary/Major Elements:

 

         This bill provides for the taxation of moist snuff tobacco based on weight rather than price, as it was taxed previously.

 

         The rate of taxation under the bill is sixty cents per ounce for any weight up to one ounce, and a proportionate rate for any amount over one ounce.

 

 

Comments:

 

This bill requires a report from the department of revenue to the legislature every five years beginning July 1, 2014 on the weights of moist snuff reported to the department by wholesalers.