HOUSE BILL 698

Sponsored By:

Delegate Howard

Entitled:

Tobacco Tax - Purchase of Tax Stamps

Synopsis:

Increasing the discount rate of the purchase price of tobacco tax stamps offered by the State Comptroller to wholesalers from 0.82% to 1.1%; repealing provisions authorizing the State Comptroller to exempt specified persons from posting security for the tobacco tax under specified circumstances; etc.

History by Legislative Date

House Action

2/8

First Reading Ways and Means

2/28

Hearing 3/9 at 1:00 p.m.

3/19

Favorable with Amendments Report by Ways and Means

3/16

Favorable with Amendments Report Adopted

Special Order 3/20 (Delegate Frush) Adopted

3/17

Floor Amendment (Delegate Frush) Rejected

Second Reading Passed with Amendments

3/18

Third Reading Passed (112-23)

4/2

Returned Passed

5/17

Governor vetoed - Policy

Senate Action

3/22

First Reading Budget and Taxation

4/5

Favorable Report by Budget and Taxation

4/2

Favorable Report Adopted

Second Reading Passed

4/3

Third Reading Passed (26-21)

Bill indexed under the following Subjects:

COMPTROLLER

EXEMPTIONS

PRICES -see also- CONSUMER PRICE INDEX

REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.

SECURITY INTERESTS -see also- LIENS; MECHANICS' LIENS

STAMPS AND COINS

TOBACCO

Bill affects the following Statutes:

Tax - General

( 12-303 , 13-825 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled

Fiscal Note: Available (PDF)

Amendments:

House

Number: 073229/1 (PDF)     Offered on: March 20, 2001   at: 11:18 a.m.     Status: Rejected

Number: 255767/1 (PDF)     Offered on: March 19, 2001   at: 7:31 p.m.     Status: Adopted

Roll Call Votes (Legislative dates are shown):

House

March 18, 2001: Third Reading Passed (112-23)

Senate

April 3, 2001: Third Reading Passed (26-21)