Fiscal Note
HB0312S01 - Nonparticipating Tobacco Manufacturer's Fee
State Impact:
Passage of this bill could increase General Fund revenues by as much as $680,000. This bill has a legislative review note. There may be additional costs to the state if provisions are challenged in court.
| Funding Source | FY 2005 Approp. | FY 2006 Approp. | FY 2005 Revenue | FY 2006 Revenue |
| General Fund | $0 | $0 | $680,000 | $680,000 |
| Total | $0 | $0 | $680,000 | $680,000 |
Individual and Business Impact:
If the tax is passed to consumers certain individuals would see an increase of 35 cents per pack of cigarettes.
Office of the Legislative Fiscal Analyst
2/20/2004, 10:11:36 AM