Reference is to Printer's Date 3/29/11-H.
Amend the joint resolution, as and if amended, by adding an appropriately numbered SECTION to read:
/ SECTION __. Notwithstanding the provisions of Section 12-21-625, the surtax imposed on cigarettes subject to the tax imposed pursuant to Section 12-21-620(1) must be in an amount equal to the national cigarette tax average. The national cigarette tax average must be determined by the Department of Revenue on January 1 of each year. Additional taxes collected pursuant to the requirements of this section over and above the two and one-half cents tax on each cigarette as provided in Section 12-21-625 are to be distributed to the smoking prevention and cessation trust fund created pursuant to Section 11-11-230(A) at the level recommended by the Center for Disease Control and the remaining taxes collected must be deposited in the South Carolina Medicaid Reserve Fund created pursuant to Section 11-11-230(B). /
Renumber sections to conform.
Amend title to conform.