Wednesday, October 07 2009
From Chris McCalla, Legislative Dir.
IPCPR
Tax Increase Bill Proposes Doubling of OTP Rate
MICHIGAN -- The State House is proposing a bill (not yet released) increasing the current OTP excise tax rate from 32% to 64%. As detailed in previous legislative updates, this bill comes as no surprise, as we have known for quite some time of such an attempt.
We are currently working for two outcomes--to keep the OTP excise tax rate at the present rate of 32% and to secure a cigar tax cap that apply to "large cigars" (the defintion includes handmade, premium cigars.
As more concrete details are released, we will update you.
Cigar Tax Cap Action Alert!
As part of our legislative strategy for Michigan, your association is working for a cigar tax cap that would apply to all large cigars. Please follow the link below to contact your legislators and urge them to support the 50-cent Tax Cap Plan!
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For more information on tobacco legislation in your state, please visit www.ipcpr.org.
