SECOND REGULAR SESSION

HOUSE BILL NO. 1960

91ST GENERAL ASSEMBLY

INTRODUCED BY REPRESENTATIVES MONACO, SANDERS BROOKS, WALTON,

COPENHAVER (Co-sponsors), CURLS, CARNAHAN, HARDING, TROUPE AND BRAY.

Read 1st time February 14, 2002, and 1000 copies ordered printed.

TED WEDEL, Chief Clerk

4290L.02I

AN ACT

To amend chapter 149, RSMo, by adding thereto two new sections relating to taxation of tobacco products, with a referendum clause.



Be it enacted by the General Assembly of the state of Missouri, as follows:

Section A. Chapter 149, RSMo, is amended by adding thereto two new sections, to be known as sections 149.087 and 149.088, to read as follows:

149.087. 1. In addition to the sales tax imposed in section 144.020, RSMo, there is hereby imposed a tax on the amount of sales at retail for all tobacco products other than cigarettes, as defined in section 149.011, in an amount equal to seventy-five cents.

2. There is hereby created in the state treasury the "Child and Youth Development Fund", which shall consist of revenue collected pursuant to this section and section 149.088. The revenue derived from the seventy-five cent tax imposed pursuant to this section shall be used exclusively for the following purposes:

(1) Fifteen cents of the additional tax imposed pursuant to this section shall be deposited in the child and youth development fund and used to provide access to high-quality early education programs;

(2) Fifteen cents of the additional tax imposed pursuant to this section shall be deposited in the child and youth development fund and used to provide youth development programs during nonschool hours;

(3) The remaining revenue derived from the additional tax imposed pursuant to this section shall be deposited in the state treasury to the credit of the general revenue fund.

3. Notwithstanding section 33.080, RSMo, to the contrary, any moneys remaining in the child and youth development fund at the end of the biennium shall not revert to the credit of the general revenue fund.

4. The state treasurer shall invest moneys in the child and youth development fund in the same manner as other funds are invested. Any interest and moneys earned on such investments shall be credited to the fund.

149.088. In addition to the tax imposed in section 149.015, there is hereby imposed a tax upon the sale of cigarettes in an amount equal to thirty-seven and one-half mills per cigarette. The revenue derived from the additional tax imposed pursuant to this section shall be used exclusively for the following purposes:

(1) Fifteen cents of the additional tax imposed pursuant to this section shall be deposited in the child and youth development fund and used to provide access to high-quality early education programs;

(2) Fifteen cents of the additional tax imposed pursuant to this section shall be deposited in the child and youth development fund and used to provide youth development programs during nonschool hours;

(3) The remaining revenue derived from the additional tax imposed pursuant to this section shall be deposited in the state treasury to the credit of the general revenue fund.

Section B. Section A of this act is hereby submitted to the qualified voters of this state for approval or rejection at an election which is hereby ordered and which shall be held and conducted on the Tuesday immediately following the first Monday in November, 2002, or at a special election to be called by the governor for that purpose, pursuant to the laws and constitutional provisions of this state applicable to general elections and the submission of referendum measures by initiative petition, and it shall become effective when approved by a majority of the votes cast thereon at such election and not otherwise.


Missouri House of Representatives