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SD Initiated Measure 2 - Increase Cigarette Tax
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Parents |
> United States > South Dakota > Ballot Initiatives/Referendums > 2006 Referendums > Increase Cigarette Tax?
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Office | Referendum |
Honorific | Referendum - Abbr: |
Type | Referendum |
Filing Deadline | September 01, 2006 - 12:00am Central |
Polls Open | November 07, 2006 - 06:00am Central |
Polls Close | November 07, 2006 - 08:00pm Central |
Term Start | January 03, 2007 - 12:00pm |
Term End | January 03, 3000 - 12:00pm |
Turnout |
65.75% Registered
44.19% Total Population
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Contributor | RP |
Last Modified | Scott³ May 25, 2008 03:04pm |
Data Sources | SOS [Link] |
Description |
South Dakota currently taxes tobacco products. The proposed law would increase taxation on tobacco products sold in the state. The tax on a 20 stick cigarette package would be raised by $1.00; the tax on a 25 stick cigarette package would be raised by $1.25. The tax on all other tobacco products such as cigars, roll-your-own, and chewing tobacco, would increase from 10 percent to 35 percent of the wholesale price.
The proposed law would deposit up to $30 million of tobacco tax revenue into the state general fund. The next $5 million, if any, will be deposited in the tobacco prevention and reduction trust fund. Tobacco tax revenue in excess of $35 million, if any, will be divided among the property tax reduction fund, the education enhancement trust fund, and the health care trust fund. The proposed law also establishes continuous appropriations out of the tobacco prevention and reduction trust fund for specified purposes.
A vote “Yes” will adopt the proposed law.
A vote “No” will reject the proposed law.
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Certified Votes | 202,779 (60.80%) |
130,757 (39.20%) |
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Margin | 0 (0.00%) |
-72,022 (-21.59%) |
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Predict Avg. | 0.00% |
0.00% |
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