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HB0041 • 2008

Cigarette wholesalers.

AN ACT relating to taxation and revenue; amending the discount of cigarette stamps sold to wholesalers as specified; and providing for an effective date.

Inactive

Wyoming marks this bill as inactive, which usually means it is no longer moving in the current session.

Sponsor
Representative Landon
Last action
2008-03-04
Official status
inactive
Effective date
Not listed

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

  1. 2008-03-04 House

    H Committee Returned Bill Pursuant to HR 4-3(c)

  2. 2008-02-12 House

    H Introduced and Referred to H03; No Report Prior to CoW Cutoff; Intro Vote

  3. 2008-02-11 House

    H Received for Introduction

  4. 2008-01-14 LSO

    Bill Number Assigned

Current Bill Text

Read the full stored bill text
WORKING DRAFT
2008
STATE OF
WYOMING
08LSO-0170

HOUSE BILL
NO.
HB0041

Cigarette wholesalers.

Sponsored by:
Representative(s) Landon, Gingery, Iekel, Madden and Millin and Senator(s) Burns and Schiffer

A BILL

for

AN ACT relating to
taxation and revenue; amending the discount of cigarette stamps sold to wholesalers as specified;
and providing for an effective date.

Be It Enacted by the Legislature of the State of
Wyoming
:

Section 1.
W.S. 39
‑
18
‑
102(a) is amended to read:

39
‑
18
‑
102.

Administration; confidentiality.

(a)

The payment of the taxes required by this article shall be evidenced by the affixing of stamps, imprints or impressions on each package of cigarettes sold or distributed by a licensed wholesaler. The department shall obtain suitable stamps and sell them to licensed wholesalers for cash at a
six percent (6%)

one and two-tenths percent (1.2%)
discount. The department may deposit cigarette tax stamps in banks within
Wyoming
for disbursement to licensed wholesalers pursuant to rules and regulations of the department. The department shall keep accurate records of all stamps sold. The department may authorize licensed wholesalers to use department approved metering machines to affix imprints or impressions in lieu of affixing stamps. The machine shall be sealed by the department and used pursuant to rules and regulations of the department. The department shall inspect and read each metering machine at least once a month or may approve and appoint a bank within
Wyoming
of the wholesaler's choice to act as setting agent pursuant to rules and regulations of the department. Meter settings shall be sold to licensed wholesalers for cash at a
six percent (6%)

one and two-tenths percent (1.2%)
discount. Wholesalers purchasing stamps, imprints or impressions with other than cash shall furnish the department a bond of not less than ten thousand dollars ($10,000.00) or such other amount as specified by the department.

Section 2.
This act is effective July 1, 2008.

(END)

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HB0041