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HB 299: "An Act reducing excise tax rates for pipe tobacco and certain cigars, cheroots, and stogies." 

00HOUSE BILL NO. 299                                                                                                    
01 "An Act reducing excise tax rates for pipe tobacco and certain cigars, cheroots,                                        
02 and stogies."                                                                                                           
03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                               
04    * Section 1.  AS 43.50.300 is amended to read:                                                                     
05  Sec. 43.50.300.  Excise tax levied.   (a)   An excise tax is levied                                                 
06    (1)   on  the following  tobacco products in the state at the rate of  25  [75]                               
07 percent of the wholesale price of the tobacco  product:                                                                
08   (A)  cigars, cheroots, and stogies if the wholesale price of the                                                    
09 cigar, cheroot, or stogie is more than $1.75; and                                                                       
10   (B)  tobacco in any form suitable for smoking in a pipe;                                                            
11   (2)  on a tobacco product, except a product described in (1) of this                                                 
12 subsection, in the state at the rate of 75 percent of the wholesale price of the                                        
13 tobacco product  [PRODUCTS].                                                                                           
14   (b)   The tax  imposed under (a) of this section  is levied when a person                                        



01   (1)  brings, or causes to be brought, a tobacco product into the state                                               
02 from outside the state for sale;                                                                                        
03   (2)  makes, manufactures, or fabricates a tobacco product in the state                                               
04 for sale in the state; or                                                                                               
05   (3)  ships or transports a tobacco product to a retailer in the state for                                            
06 sale by the retailer.