Cigarette taxes.

14LSO-0399.L1

FISCAL NOTE

	FY 2015	FY 2016	FY 2017
NON-ADMINISTRATIVE IMPACT
Anticipated Revenue Increase:
MEDICAID PROGRAM	29,000,000	29,000,000	29,000,000
SPECIAL REVENUE FUND	4,000,000	4,000,000	4,000,000

Source of revenue increase:

Cigarette tax increase of $1.00 per pack, from $0.60 to $1.60 per pack of 20 cigarettes

Assumptions:

The first $4 million from this tax increase would be distributed to the Department of Health for comprehensive tobacco prevention, cessation and treatment programs.

The remainder would be distributed to the Department of Health for the Medicaid program created by title 42, chapter 4 of Wyoming statutes.

The above estimate is based on FY 2013 cigarette taxes, and assumes there will be no change in consumption.

Any additional fiscal or personnel impact is not determinable due to insufficient time to complete the fiscal note process.

Prepared by:   Dean Temte, LSO       Phone: 777-7881