Amendment #131 to H3400
Increased excise taxes on smoking tobacco and the Prevention and Wellness Trust
Representatives Lewis of Winchester and Hecht of Watertown move that the bill be amended by adding at the end thereof the following new section:-
Section X. Section 7B of said chapter 64C of the General Laws is hereby amended by adding the following subsection:–
(m) In addition to the excise imposed by subsection (b), an excise shall be imposed on all smoking tobacco and on all cigars weighing more than 3 pounds per 1,000 units and not more than 12 pounds per 1,000 units held in the commonwealth at the rate of 110 per cent of the wholesale price of such products.
(n) Notwithstanding any general or special law to the contrary, all additional revenue resulting from the enactment of subsection (m), as estimated by the commissioner of revenue, shall be deposited in the Prevention and Wellness Trust Fund established pursuant to section 2G of chapter 111 of the General Laws, as amended by chapter 224 of the Acts of 2012.