2012 -- H 7639

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LC01350

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STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2012

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A N A C T

RELATING TO TAXATION - CIGARETTE TAX

     

     

     Introduced By: Representatives Phillips, Edwards, Costa, Menard, and Messier

     Date Introduced: February 16, 2012

     Referred To: House Finance

It is enacted by the General Assembly as follows:

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     SECTION 1. Section 44-20-12 of the General Laws in Chapter 44-20 entitled "Cigarette

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Tax" is hereby amended to read as follows:

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     44-20-12. Tax imposed on cigarettes sold. -- A tax is imposed on all cigarettes sold or

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held for sale in the state. The payment of the tax to be evidenced by stamps, which may be

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affixed only by licensed distributors to the packages containing such cigarettes. Any cigarettes on

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which the proper amount of tax provided for in this chapter has been paid, payment being

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evidenced by the stamp, is not subject to a further tax under this chapter. The tax is at the rate of

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one hundred seventy-three (173) one hundred twenty-three (123) mills for each cigarette.

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     SECTION 2. This act shall take effect upon passage.

     

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LC01350

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N A C T

RELATING TO TAXATION - CIGARETTE TAX

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     This act would reduce the cigarette tax by one dollar ($1.00) per pack.

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     This act would take effect upon passage.

     

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LC01350

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H7639