Sales tax; impose on portion of cigarette increased cost to wholesaler or cost to the retailer included in sales price.

Summary

The bill would levy a tax equal to half of any increase in the cost that wholesalers or retailers incur when buying cigarettes. The tax would apply at both the wholesale and retail levels and all revenue would go into Mississippi’s General Fund. It is intended to capture extra money from rising cigarette costs.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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