House Amendment 8004


PAG LIN




     1  1    Amend House File 2045 as follows:
     1  2 #1.  Page 3, by inserting after line 23 the
     1  3 following:
     1  4    <Sec.    .  Section 453A.6, subsection 1, Code
     1  5 2005, is amended to read as follows:
     1  6    1.  There is imposed, and shall be collected and
     1  7 paid to the department, the following taxes a tax on
     1  8 all cigarettes used or otherwise disposed of in this
     1  9 state for any purpose whatsoever:
     1 10    Class A.  On cigarettes weighing not more than
     1 11 three pounds per thousand, eighteen mills on each such
     1 12 cigarette.
     1 13    Class B.  On cigarettes weighing more than three
     1 14 pounds per thousand, eighteen mills on each such
     1 15 cigarette. equal to the following:
     1 16    a.  From January 1, 2007, through June 30, 2007,
     1 17 two and seventy=five hundredths cents on each
     1 18 cigarette.
     1 19    b.  During the fiscal year beginning July 1, 2007,
     1 20 three and thirty=five hundredths cents on each
     1 21 cigarette.
     1 22    c.  During the fiscal year beginning July 1, 2008,
     1 23 four and sixty=five hundredths cents on each
     1 24 cigarette.
     1 25    d.  During the fiscal year beginning July 1, 2009,
     1 26 six and seventy=five hundredths cents on each
     1 27 cigarette.
     1 28    e.  During fiscal years beginning on or after July
     1 29 1, 2010, seven and eighty=five hundredths cents per
     1 30 cigarette.
     1 31    Sec.    .  Section 453A.43, subsection 1,
     1 32 unnumbered paragraph 1, Code 2005, is amended to read
     1 33 as follows:
     1 34    A tax is imposed upon all tobacco products in this
     1 35 state and upon any person engaged in business as a
     1 36 distributor of tobacco products, at the rate of
     1 37 twenty=two percent percentage rate specified in
     1 38 subsection 7 of the wholesale sales price of the
     1 39 tobacco products, except little cigars as defined in
     1 40 section 453A.42.  Little cigars shall be subject to
     1 41 the same rate of tax imposed upon cigarettes in
     1 42 section 453A.6, payable at the time and in the manner
     1 43 provided in section 453A.6; and stamps shall be
     1 44 affixed as provided in division I of this chapter.
     1 45 The tax on tobacco products, excluding little cigars,
     1 46 shall be imposed at the time the distributor does any
     1 47 of the following:
     1 48    Sec.    .  Section 453A.43, subsection 2,
     1 49 unnumbered paragraph 1, Code 2005, is amended to read
     1 50 as follows:
     2  1    A tax is imposed upon the use or storage by
     2  2 consumers of tobacco products in this state, and upon
     2  3 the consumers, at the rate of twenty=two percent
     2  4 percentage rate specified in subsection 7 of the cost
     2  5 of the tobacco products.
     2  6    Sec.    .  Section 453A.43, Code 2005, is amended
     2  7 by adding the following new subsection:
     2  8    NEW SUBSECTION.  7.  The percentage rate of tobacco
     2  9 tax under this section is the following:
     2 10    a.  From January 1, 2007, through June 30, 2007,
     2 11 thirty=three and seven=tenths percent.
     2 12    b.  During the fiscal year beginning July 1, 2007,
     2 13 forty and nine=tenths percent.
     2 14    c.  During the fiscal year beginning July 1, 2008,
     2 15 fifty=six and eight=tenths percent.
     2 16    d.  During the fiscal year beginning July 1, 2009,
     2 17 eighty=two and five=tenths percent.
     2 18    e.  During the fiscal years beginning on or after
     2 19 July 1, 2010, ninety=five and nine=tenths percent.>
     2 20 #2.  Page 3, by striking lines 25 and 26 and
     2 21 inserting the following:  <Act takes effect January 1,
     2 22 2007.  The sections of this Act amending section
     2 23 422.7, subsections 13 and 31, apply to tax years
     2 24 beginning on or after the effective date of this Act.>
     2 25 #3.  Title page, line 2, by inserting after the
     2 26 word <income> the following:  <and replacing the lost
     2 27 revenues>.
     2 28 #4.  By renumbering as necessary.
     2 29
     2 30
     2 31                               
     2 32 MASCHER of Johnson
     2 33 HF 2045.203 81
     2 34 mg/sh/5046

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