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Senate Bill 0144


Senate Bill 0144

ARCHIVE (2012)

Latest Information

 

DIGEST OF SB 144 (Updated March 9, 2012 1:39 pm - DI 58)


Provides an exemption from the state gross retail tax for tangible personal property acquired for the exclusive purpose of complying with the state tobacco tax laws. Changes the wholesale price on which the tobacco products tax is based (excludes cigarettes and moist snuff) to make the wholesale price the net price as shown on the manufacturer's invoice, excluding any discount or other reduction that is not shown on the invoice.
    Current Status:
     Law Enacted
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