SB17-273
Manufacturer's List Price For Tobacco Products Tax
| Type | Bill |
|---|---|
| Session | 2017 Regular Session |
| Subjects |
Concerning the manufacturer's list price of tobacco products for purposes of the state excise tax.
Bill Summary:
The total tax on tobacco products is 40% of the manufacturer's list price, which is based on a manufacturer's or supplier's invoice price to a distributor. The bill permits a distributor to use the price that the tobacco product is sold to the first importer of record or first manufacturer of record as the manufacturer's list price, if the distributor is able to provide the department of revenue with evidence of this price.
(Note: This summary applies to this bill as introduced.)
Committees
Related Documents & Information
| Date | Version | Documents |
|---|---|---|
| 04/20/2017 | SA1 |
| Activity | Vote | Documents |
|---|---|---|
| Adopt amendment J.001 | The motion passed without objection. | Vote summary |
| Refer Senate Bill 17-273, as amended, to the Committee of the Whole. | The motion passed on a vote of 5-2. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Refer Senate Bill 17-273 to the Committee on Appropriations. | The motion passed on a vote of 4-1. | Vote summary |
| Date | Location | Action |
|---|---|---|
| 04/24/2017 | Senate | Senate Second Reading Laid Over with Amendments to 05/11/2017 - Committee |
| 04/20/2017 | Senate | Senate Committee on Appropriations Refer Amended to Senate Committee of the Whole |
| 04/13/2017 | Senate | Senate Committee on Finance Refer Unamended to Appropriations |
| 03/29/2017 | Senate | Introduced In Senate - Assigned to Finance |