SB 0004 Submits certain surcharges to a vote of the people
LR Number:2287S.01I Fiscal Note:2287-01
Committee:Ways and Means
Last Action:06/11/03 - Hearing Conducted S Ways & Means Committee Journal page:
Effective Date:Voter Approval
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Current Bill Summary

SB 4 - This act applies a 5% surcharge on individual tax liability for those earning more than $200,000 (federal adjusted gross income). The act raises the cigarette tax by 55 cents and the tobacco tax by 20%. The act raises the admission fee on gaming boats by $1.70. The act raises the AGR tax on gaming boats by 5%. The act submits these increases to a vote of the people, and contains ballot language to this extent.