Key Votes

H 4645 - Cigarette Tax Increase - Key Vote

Massachusetts Key Votes

Scott Brown Did Not Vote on this Legislation.

Read statements Scott Brown made in this general time period.

Stages

Family

Issues

Stage Details

Legislation - Bill Passed With Amendment (Senate) (31-6) - (Key vote)

Title: Cigarette Tax Increase

Vote Smart's Synopsis:

Vote to pass a bill that increases the per-pack cigarette tax from $1.51 to $2.51 and changes business tax rules.

Highlights:
-Lowers the excise tax for certain corporations classified as “financial institutions” from 10.5% to 9% by 2012 (Sec. 32). -Prohibits corporations in a group under common ownership from benefiting from any duplicate inclusion or deduction of income or loss (Sec. 52). -Repeals current laws that prohibit retailers from competitively pricing cigarettes (Sec. 94).
Note:

NOTE: The Senate Ways and Means Committee amended the bill text and changed the bill number from H 4645 to S 2675, and after the bill was passed the Senate, it was reprinted as amended and the bill number was changed to S 2685.

Legislation - Bill Passed (House) (131-23) - (Key vote)

Title: Cigarette Tax Increase

Vote Smart's Synopsis:

Vote to pass a bill that increases the per-pack cigarette tax from $1.51 to $2.51 and changes business tax rules.

Highlights:
-Lowers the excise tax on certain financial institutions from 10.5% to 9.0% by 2010 (Sec. 27A). -Changes the formula for the excise tax on corporations so that by 2010 the rate is equal to $2.60 per $1,000 of the corporation’s net worth plus 7.5% of the corporation’s taxable net income (Sec. 81).
Note:

NOTE: THIS IS A SUBSTITUTE BILL, MEANING THE LANGUAGE OF THE ORIGINAL BILL HAS BEEN REPLACED. THE DEGREE TO WHICH THE SUBSTITUTE BILL TEXT DIFFERS FROM THE PREVIOUS VERSION OF THE TEXT CAN VARY GREATLY.

Legislation - Introduced (House) -

Title: Cigarette Tax Increase

Committee Sponsors