Bill Text | History of Actions | Background | Title |
Description: Taxation; impose a 2¢ per liter tax on retail sales of bottled water.
Bill Text: [Introduced]
| 1 | 01/09 (S) Referred To Finance | |
| 2 | 02/21 (S) Died In Committee |
| Effective date | July 1, 2007 | |
| Disposition | Dead | |
| Deadline | Revenue | |
| Revenue | Yes | |
| Vote type required | Three/Fifths |
Senate Committee:
Principal Author: Dawkins
Title: AN ACT TO IMPOSE AN EXCISE TAX ON RETAIL SALES OF BOTTLED WATER IN THE AMOUNT OF 2¢ PER LITER; TO PROVIDE FOR THE MANNER OF IMPOSITION AND COLLECTION OF THE TAX; TO PROVIDE THAT 50% OF THE REVENUE COLLECTED AS A RESULT OF LEVY OF SUCH TAX SHALL BE DEPOSITED INTO THE WATER POLLUTION CONTROL REVOLVING LOAN FUND; TO PROVIDE THAT THE REMAINDER OF THE REVENUE COLLECTED AS A RESULT OF THE LEVY OF SUCH TAX SHALL BE DEPOSITED INTO THE LOCAL GOVERNMENTS AND RURAL WATER SYSTEMS IMPROVEMENTS REVOLVING LOAN FUND; AND FOR RELATED PURPOSES.
End Of Document
2007/html/History/SB/SB2390.htm