Proposal
Increase in Cigarette Excise Tax.
The measure increases the state excise tax on cigarettes by $1 per pack of 20, increasing the total state excise tax to $1.87 per pack.
Tax Revenues Deposited Into New Special Fund.
Revenues from the $1 per pack cigarette tax increase imposed by this measure would be deposited to a new special fund—the California Residents College Accessibility and Affordability Fund. These funds would be continuously appropriated according to the measure’s provisions, as discussed below. The measure prohibits the state from transferring or loaning these funds to the state General Fund or any other state fund.
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