HB0835 - Tennessee: Taxes, Tobacco, Tobacco Products

Taxes, Tobacco, Tobacco Products - Increases the cigarette tax from 10 mills (1 cent) per cigarette to 5 cents per cigarette. - Amends TCA Title 4; Title 9, Chapter 4; Title 11; Title 12; Title 49; Title 55; Title 67, Chapter 6; Title 67, Chapter 4; Title 68 and Title 71, Chapter 5.

Increase State Revenues - $381,747,000/Education Fund $2,445,000/General Fund $31,000/Department of Revenue $77,000/Sinking Fund Increase State Expenditures - $200,000 Recurring $75,300 One-Time Increase Local Govt. Revenues - $3,095,000