HB 550 -- Tobacco Taxes
Sponsor: Whorton
This bill increases the state cigarette tax by eight cents per
pack and the other tobacco products tax by 4%.
The proceeds from the additional taxes will be distributed as
follows:
(1) One-half of the revenues to the State Public School Fund;
(2) Three-eights of the revenues to the Health Initiative Fund;
and
(3) One-eighth of the revenues to the Fire Education Fund.
The bill has an effective date of January 1, 2004.
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Missouri House of Representatives
Last Updated July 25, 2003 at 10:12 am