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SB 86 IN

Tobacco products tax.

IN · session 2023 · Senate · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Jan 9, 2023

Latest action (Jan 9, 2023) First reading: referred to Committee on Tax and Fiscal Policy

Summary

Provides that a tax is imposed on the distribution of cigars at a rate of 24% of the wholesale price of a cigar for cigars having a wholesale price not exceeding $3. Provides that a tax is imposed on the distribution of cigars at a rate of $0.72 per cigar for cigars having a wholesale price exceeding $3 per cigar.

Sponsor (1)

Action history (2)
  1. Jan 9, 2023 Authored by Senator Bohacek · upper
  2. Jan 9, 2023 First reading: referred to Committee on Tax and Fiscal Policy · upper
Subjects
CIGARETTES, CIGARS, AND TOBACCO; CIGARETTE TAX

Text versions (1)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • Introduced Senate Bill (S) · Jan 4, 2023 · PDF

Full text

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