Cigarette tax revenue stamp allowance.
SB 376 increases the discount cigarette distributors receive on tax stamps from $0.02 to $0.05 per stamp. This directly affects cigarette distributors by raising their per-stamp discount rate. The key provision adjusts the existing discount amount applied to cigarette tax revenue collection. The bill modifies the financial terms for tax stamp processing without changing the underlying tax rate.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2025
Last action Jan 13, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
0
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Greg Goode
RRepublican
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