HB 310/LM (BR 1105) - P. Bather
AN ACT relating to a surtax on cigarettes, declaring an emergency, and making an appropriation therefor.
Amend KRS 138.140 to impose a surtax of 70 cents on each 20 cigarettes, to be deposited into a new Commonwealth fund; amend KRS 138.146 to require the surtax to be paid at the same time as the purchase of the cigarette tax evidence stamps; amend KRS 248.652 to specify that the $0.03 cigarette tax remains credited to the agriculture diversification and development fund; amend KRS 438.335 to specify that the Department of Agriculture retains $0.0005 of the $0.03 tax; amend KRS 438.337 to specify that the Department of alcoholic Beverage Control retains $0.0005 of the $0.03 tax; create a new section of KRS Chapter 41 to create the Commonwealth fund to receive funds from the surtax imposed on cigarettes; designate 50% of the surtax for Medicaid, 17% to support excellence education in Kentucky; 8% to the Council on Postsecondary Education for postsecondary institutions; and 25% for county and city governments; EMERGENCY.
Jan 15-introduced in House
Jan 16-to Appropriations and Revenue (H)