Tobacco products; abolishes 10% tax on distributor, etc., licensure of retailers (HB2332)

Introduced By

Del. Mark Keam (D-Vienna)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Taxation of tobacco products. Abolishes the 10% tax on the distributor of tobacco products and the method of calculating tax on loose-leaf tobacco based on its net weight. Establishes a 5% tax on tobacco products at the retail sales level. The bill also requires the licensure of retail dealers of tobacco products. Retail dealers must pay a $30 license fee annually and report the 5% tax to the Department of Taxation monthly. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/18/2013Presented and ordered printed 13103657D
01/18/2013Referred to Committee on Finance
01/22/2013Assigned Finance sub: #1
01/23/2013Impact statement from TAX (HB2332)
01/28/2013Subcommittee recommends laying on the table
02/05/2013Left in Finance