SB1005 SFA Prezioso 5-18 #2

Baker 7816

Senators Prezioso, Beach, Facemire, Kessler, Kirkendoll, Laird, Miller, Palumbo, Plymale, Romano, Snyder, Stollings, Unger, Williams, Woelfel and Yost moved to amend the bill on page one, section three, line nine, by striking out “$1” and inserting in lieu thereof “$1.55”;

And,

On page two, section three, after line twenty-four, by striking out all of subsection (d) and inserting in lieu thereof a new subsection, designated subsection (d), to read as follows:

(d) (1) For the fiscal year beginning July 1, 2016, fifty-five cents of the $1.55 tax imposed and collected on each twenty cigarettes under subsection (b) of this section shall be dedicated as follows:

(A) The first $1 million shall be deposited in the Tobacco Education Program in the State Treasury.  Expenditures from the fund are to be made in accordance with the provisions of article three, chapter twelve of this code and used for the purpose of providing tobacco cessation programs;

(B) The next $43 million shall be deposited in the State Treasury to the credit of the Public Employees Insurance Agency; and

(C) The remaining balance of the revenues collected and dedicated under this subdivision shall be deposited in the State’s General Revenue Fund.

(2) For each fiscal year beginning on or after July 1, 2017, one dollar of the $1.55 tax imposed and collected on each twenty cigarettes under subsection (b) of this section shall be dedicated as follows:

(A) The first $1 million shall be deposited in the Tobacco Education Program in the State Treasury.  Expenditures from the fund are to be made in accordance with the provisions of article three, chapter twelve of this code and used for the purpose of providing tobacco cessation programs; and

(B) The remaining balance of the revenues collected and dedicated under this subdivision shall be deposited in the State Treasury to the credit of the Public Employees Insurance Agency.

Adopted

Rejected