Tobacco products; changes tax on premium cigars. (HB1227)

Introduced By

Del. Buddy Fowler (R-Ashland)

Progress

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

Description

Tobacco products tax; premium cigars. Changes the tobacco products tax on premium cigars, as defined, from a wholesale tax to a retail tax at a rate of 6.25 percent on the sale of each premium cigar to an ultimate consumer. Amends § 58.1-1021.01, § 58.1-1021.02, § 58.1-1021.03, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/17/2014Presented and ordered printed 14103727D
01/17/2014Referred to Committee on Finance
01/28/2014Assigned Finance sub: Subcommittee #3
01/31/2014Subcommittee recommends laying on the table
02/03/2014Continued to 2015 in Finance
12/04/2014Left in Finance