|SB 1149||Adds a tax on the sale of certain tobacco products and creates the "Fund for Lifelong Health"|
|LR Number:||3742S.06I||Fiscal Note:||3742-06|
|Committee:||Ways and Means|
|Last Action:||03/19/02 - Hearing Conducted S Ways & Means Committee||Journal page:|
|Effective Date:||Voter Approval|
SB 1149 - This act adds a tax on the sale of certain tobacco products and creates the "Fund for Lifelong Health".
Section 149.065, RSMo, currently exempts certain collected taxes from deposit in the state treasury. New language adds the Fund for Lifelong Health to the list of exemptions.
A new Section 149.084 creates a seventy-five cent tax on the sale of each package of cigarettes and a tax equal to ten percent of the invoice price before discounts on other tobacco products. Section 149.086 establishes the Advisory Committee on the Fund for Lifelong Health to be composed of fourteen members. The Committee must make initial recommendations regarding the expenditure of moneys from the Fund for Lifelong Health by July 1, 2003, and annual recommendations thereafter by December 1 of each year. Expenditures are limited to elderly pharmaceutical assistance programs, tobacco education programs, core public health funding, including health care and health care services, rural health initiatives, practitioner reimbursement, grants, life sciences research, and for land grant institutions with medical schools for the purpose of studying current technologies.
This act contains a referendum clause.