2013 -- S 0610

=======

LC01602

=======

STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2013

____________

A N A C T

RELATING TO TAXATION -- CIGARETTE TAX

     Introduced By: Senators Walaska, and Lombardo

     Date Introduced: March 06, 2013

     Referred To: Senate Finance

It is enacted by the General Assembly as follows:

1-1

     SECTION 1. Section 44-20-12 of the General Laws in Chapter 44-20 entitled "Cigarette

1-2

Tax" is hereby amended to read as follows:

1-3

     44-20-12. Tax imposed on cigarettes sold. -- A tax is imposed on all cigarettes sold or

1-4

held for sale in the state. The payment of the tax to be evidenced by stamps, which may be

1-5

affixed only by licensed distributors to the packages containing such cigarettes. Any cigarettes on

1-6

which the proper amount of tax provided for in this chapter has been paid, payment being

1-7

evidenced by the stamp, is not subject to a further tax under this chapter. The tax is at the rate of

1-8

one hundred seventy-five (175) mills for each cigarette.

1-9

     Beginning on January 1, 2014, and ending on December 31, 2017, an additional tax of

1-10

twenty-five cents ($.25) per pack of twenty (20) cigarettes shall be imposed. Said additional tax

1-11

revenue shall be deposited into a restricted receipt account to be used by the Rhode Island

1-12

turnpike and bridge authority for bridge maintenance.

1-13

     SECTION 2. This act shall take effect on January 1, 2014.

=======

LC01602

=======

EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N A C T

RELATING TO TAXATION -- CIGARETTE TAX

***

2-1

     This act would increase the cigarette tax by twenty-five cents ($.25) per pack for a three

2-2

(3) year period. The additional revenue would be deposited into a restricted receipt account to be

2-3

used by the Rhode Island turnpike and bridge authority for bridge maintenance.

2-4

     This act would take effect on January 1, 2014.

=======

LC01602

=======