HB 1672 -- Excise Tax on Unauthorized Substances

Sponsor:  Roorda

This bill imposes an excise tax on controlled substances and
illicit alcoholic beverages.  The Director of the Department of
Revenue will issue stamps to affix to unauthorized substances to
indicate payment of the tax.  Dealers are not required to give
any identifying information to the department when purchasing the
stamps.

Law enforcement will notify the department after an arrest or
seizure involving any unstamped, unauthorized substance so that
the excise tax along with the applicable penalties and interest
can be assessed and collected.  Any voluntarily paid tax proceeds
will be deposited into the newly created State Unauthorized
Substances Tax Fund to investigate, combat, prevent, and reduce
drug-related crimes.

The Unauthorized Substance Tax Commission is established to
review the rates of the tax and make recommendations to the
General Assembly.

Missouri House of Representatives
94th General Assembly, 2nd Regular Session
Last Updated October 15, 2008 at 3:10 pm