HB 353 (BR 1288) - D. Watkins, K. Stein, M. Marzian, J. Wayne
AN ACT relating to cigarette surtax.
Amend KRS 138.140 to impose an additional surtax on cigarettes of fifty cent ($0.50) per pack; amend KRS 138.143 to impose a floor stock tax on cigarettes held in inventory prior to the imposition of the additional surtax; amend KRS 200.151 to provide that the surtax shall be deposited in the Early Childhood Development fund to be used for education and smoking cessation programs; amend KRS 138.130 and 138.195 to conform; EFFECTIVE July 1, 2007.
Feb 7-introduced in House
Feb 12-to Appropriations & Revenue (H)