House of Representatives State of Utah


         UTAH STATE CAPITOL COMPLEX . 350 STATE CAPITOL
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         P.O. BOX 145030 . SALT LAKE CITY, UTAH 84114-5030 . (801) 538-1029

        March 3, 2014

Madam Speaker:

    The Revenue and Taxation Committee reports a favorable recommendation on H.B. 358, AMENDMENTS TO TAX ON CIGARS, by Representative B. Greene, with the following amendments:

1.    Page 5, Lines 136 through 138 :    

             136          (7)

  (a)            {   The   }        Except as provided in Subsection (7)(b), the       tax under this section on a cigar is imposed at a rate of        .86 multiplied by the manufacturer's sales price.

    (b) Beginning on or after July 1, 2016, but on or before June 30, 2021, the tax under this section on a cigar is imposed at a rate of  
the lesser of:

             137          
{   (a)   }        (i)       .86 multiplied by the manufacturer's sales price; or

             138          
{   (b)   }        (ii)       50 cents per cigar.


    Respectfully,

    Ryan D. Wilcox
    Committee Chair

Voting: 10-5-1
3 HB0358.HC1.wpd 3/3/14 9:46 am lelder/LGE RLR/LGE

Bill Number
Action Class
Action Code

*HB0358*
*H*
*HCRAMD*

 HB0358
H
HCRAMD