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2003 SESSION

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HB 2047 Omnibus Fiscal Emergency Recovery Act of 2003.

Introduced by: Clifton A. Woodrum | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Omnibus Fiscal Emergency Recovery Act of 2003. Reduces car tax relief from 70 percent to 59.5 percent, increases the state cigarette tax from 2.5 cents to 7.5 cents per pack, increases the beer and beverage tax the equivalent of 1 cent per 12 ounce container, increases the motor fuel tax by 2 cents per gallon, and caps the commission/discount that dealers receive for collecting and remitting the sales and use tax to $400 per month for each certificate of registration. The bill will be effective for 2 years from July 1, 2003, to July 1, 2005.


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