SB17-139
Extend Credit For Out-of-state Tobacco Sales
Concerning the extension of the credit for tobacco products that a distributor ships or transports to an out-of-state consumer.
Session:
2017 Regular Session
Subject:
Bill Summary
Fiscal Policy & Taxes
Currently and until September 1, 2018, a distributor can claim a credit for taxes paid on tobacco products that are shipped or transported by the distributor to a consumer outside of the state. The bill makes the credit permanent.
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)