08 LC 18
6820
House
Bill 1197
By:
Representatives Stephens of the
164th,
Sims of the
169th,
Tumlin of the
38th,
Fludd of the
66th,
Williams of the
165th,
and others
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend Code Section 48-11-2 of the Official Code of Georgia Annotated, relating
to the excise tax on tobacco products, so as to increase the amount of such tax
with respect to cigarettes; to provide for an effective date; to repeal
conflicting laws; and for other purposes.
BE
IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION
1.
Code
Section 48-11-2 of the Official Code of Georgia Annotated, relating to the
excise tax on tobacco products, is amended by revising subsection (a) as
follows:
"(a)
An excise tax, in addition to all other taxes of every kind imposed by law, is
imposed upon the sale, receipt, purchase, possession, consumption, handling,
distribution, or use of cigars, cigarettes, and loose or smokeless tobacco in
this state at the following rates:
(1)
Little cigars weighing not more than three pounds per thousand: two and one-half
mills each;
(2)
All other cigars: 23 percent of the wholesale cost price, exclusive of any
trade, cash, or other discounts or any promotion, advertising, display, or
similar allowances;
(3)
Cigarettes:
37¢
$1.37
per pack of 20 cigarettes and a like rate, pro rata, for other size packages;
and
(4)
Loose or smokeless tobacco: 10 percent of the wholesale cost price, exclusive of
any trade, cash, or other discounts or any promotion, advertising, display, or
similar allowances."
SECTION
2.
This
Act shall become effective on July 1, 2008.
SECTION
3.
All
laws and parts of laws in conflict with this Act are repealed.