CHAPTER 72

(HB 1147)

Tax on cigarettes increased.

         ENTITLED, An Act to  increase the tax on cigarettes and to declare an emergency.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:

     Section  1.  That § 10-50-3 be amended to read as follows:

     10-50-3.   A tax is imposed, whether or not a sale occurs, at the following rates on all cigarettes held in this state for sale by any person:

     Class A, on cigarettes weighing not more than three pounds per thousand, sixteen and one-half twenty-six and one-half mills on each cigarette.

     Class B, on cigarettes weighing more than three pounds per thousand, sixteen and eight-tenths twenty-six and one-half mills on each cigarette.

     Section  2.  Whereas, this Act is necessary for the support of the state government and its existing public institutions, an emergency is hereby declared to exist, and this Act shall be in full force and effect from and after its passage and approval.

     Signed March 18, 2003.

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