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.