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2007 SESSION

• | print version

HB 2754 Illegal Substances Excise Tax Act; created.

Introduced by: Robert Hurt | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Illegal substances excise tax; penalty. Creates an illegal substances excise tax to be imposed on individuals who possess, actually or constructively, any Schedule I or II controlled substances, marijuana, and illegally manufactured alcoholic beverages. The rates of the tax range from $0.40 per gram of marijuana up to $200 per gram of controlled substances, other than cocaine, for which the rate is $50 per gram. The tax is paid by the individual to the Tax Department, and stamps are issued to be affixed to the illegal substances to show the tax has been paid.

FULL TEXT

• 01/10/07  House: Prefiled and ordered printed; offered 01/10/07 075079340  pdf | impact statement

HISTORY

• 01/10/07  House: Prefiled and ordered printed; offered 01/10/07 075079340
• 01/10/07  House: Referred to Committee on Finance
• 01/18/07  House: Assigned Finance sub: #1 (Orrock)
• 02/06/07  House: Left in Finance