HB 2254 Tobacco Board; composition, increases excise tax on bright flue cured & type 21 dark fired tobaccos
Virginia 2017 Regular Session
Tobacco Board; composition, increases excise tax on bright flue-cured & type 21 dark-fired tobaccos.
HB-2254
About HB-2254
Tobacco Board; composition; assessment. Alters the member nomination process, tax rate, and other functions of the Tobacco Board (the Board). The bill removes the 90-day deadline for submission of industry nominees for a seat on the Board, as well as the requirement that there be two or more nominations for each seat. The bill removes from the Board the power to appoint a secretary and other employees. Finally, the bill raises the excise tax on tobacco from 20 cents to 40 cents per 100 pounds of tobacco harvested and renames it an assessment; authorizes the Board, at its discretion, to waive interest on the assessment when it is paid late or is left unpaid; and provides criteria for such waiver. This bill is identical to SB 948.
Bill Texts
Enrolled 02/08/2017
Chaptered 02/13/2017
Prefiled 01/11/2017
Comm Sub 01/25/2017
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