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2004 SESSION
HB 1428 Cigarette; imposition of fee on manufacturers who are not participating in Master Settlement Agreem.
Introduced by: Allen L. Louderback | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Cigarette tax; nonparticipating manufacturers' fee on cigarettes. Imposes a fee of 15 mills per cigarette ($0.30 per pack) on cigarette manufacturers that are not participating in the Master Settlement Agreement. Nonparticipating manufacturers whose cigarettes are being offered for sale in the Commonwealth must pay the fee within 30 days after the effective date of the legislation while those whose cigarettes are not being offered for sale in the Commonwealth at the time the legislation take effect must prepay the fee, which will be not less than $50,000. The legislation is effective on
January 1, 2005.
FULL TEXT
HISTORY
- 01/23/04 House: Presented & ordered printed 041383384
- 01/23/04 House: Referred to Committee on Finance
- 01/27/04 House: Assigned to Finance sub-committee: 2
- 02/13/04 House: Tabled in Finance (22-Y 0-N)