| | Sec. AA-2. 36 MRSA §4365-E, as amended by PL 2005, c. 218, §45, is | repealed. |
|
| | Sec. AA-3. 36 MRSA §4365-F is enacted to read: |
|
| §4365-F.__Application of cigarette tax rate increase effective |
|
| | The following provisions apply to cigarettes held for resale | on September 19, 2005. |
|
| | 1. Stamped rate.__Cigarettes stamped at the rate of 50 mills | per cigarette and held for resale after September 18, 2005 are | subject to tax at the rate of 100 mills per cigarette. |
|
| | 2. Liability.__A person possessing cigarettes for resale is | liable for the difference between the tax rate of 100 mills per | cigarette and the tax rate of 50 mills per cigarette in effect | before September 19, 2005.__Stamps indicating payment of the tax | imposed by this section must be affixed to all packages of | cigarettes held for resale as of September 19, 2005, except that | cigarettes held in vending machines as of that date do not | require that stamp. |
|
| | 3. Vending machines.__Notwithstanding any other provision of | this chapter, it is presumed that all cigarette vending machines | are filled to capacity on September 19, 2005 and that the tax | imposed by this section must be reported on that basis.__A credit | against this inventory tax must be allowed for cigarettes stamped | at the rate of 100 mills per cigarette placed in vending machines | before September 19, 2005. |
|
| | 4. Payment.__Payment of the tax imposed by this section must | be made to the assessor by December 19, 2005, accompanied by | forms prescribed by the assessor. |
|
| | Sec. AA-4. 36 MRSA §4366-A, sub-§2, ¶¶B and C, as amended by PL 2005, c. | 218, §46, are further amended to read: |
|
| B. For stamps at the face value of 50 mills sold prior to | July 1, 2002, 2.16%; and |
|
| C. For stamps at the face value of 50 mills sold on or | after July 1, 2002, 2.03%.; and |
|
| | Sec. AA-5. 36 MRSA §4366-A, sub-§2, ¶D is enacted to read: |
|
| D.__For stamps at the face value of 100 mills, 1.15%. |
|
|