H.B. 358
         AMENDMENTS TO TAX ON CIGARS

House Committee Amendments

Amendment 1 March 3, 2014 7:31 AM



Representative Melvin R. Brown proposes 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.


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