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by twillercat
on Thu Mar 05, 2009 7:08 pm |
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Could this be MORE annoying?
Dear ______
Thank you for contacting me regarding tobacco tax increases. I appreciate hearing from you and would like to take this opportunity to respond.
As you may know, on February 4, 2009, President Barack Obama signed into law The Children's Health Insurance Program Reauthorization Act of 2009 (CHIPRA, P.L. 111-3). The Children’s Health Insurance Program (CHIP) enables coverage for low-income children with no health insurance in families with incomes higher than Medicaid eligibility levels.
The source of revenue for CHIPRA is an increase in tobacco excise taxes. The vast majority of tobacco taxes are on cigarettes, which account for 97 percent of federal tobacco tax revenue. There are also taxes on cigarette paper and cigarette tubes, and large cigarettes.
CHIPRA also includes provisions affecting floor stock taxes that will apply to items removed from the manufacturer before the effective date of April 1, 2009. The purpose of the floor stock tax will be to prevent the stockpiling of tobacco products before the effective date for future sales. The floor stocks tax will also apply to products in a foreign trade zone. In addition, CHIPRA imposes regulatory and reporting requirements on manufacturers and importers of processed tobacco other than the tobacco products subject to excise taxes, and expands the definition of roll–your-own tobacco to include tobacco that could be used to make cigars. CHIPRA also expands the scope of penalties for not paying the tobacco-related tax, clarifies the statute of limitations, and mandates a study of tobacco smuggling.
Again, thank you for sharing your views with me on this important issue. For more information about issues and activities important to Florida, please sign up for my newsletter at http://martinez.senate.gov.
Sincerely,
Mel Martinez
United States Senator |
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twillercat
Toker
Joined: Jul 15, 2007
Posts: 108
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by gilster
on Fri Mar 06, 2009 6:28 am |
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What the F is CHIPRA? -It's SCHIP
Love how he left off the more than 2,200% tax increase in loose tobacco products
the Chocha.... |
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gilster
Smoking Lobby Sponsor
Joined: Apr 19, 2006
Posts: 1212
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