If adopted, the amendment would send a rising share of cigarette and tobacco tax revenue to the Fund for a Healthy Maine, starting with revenue received in fiscal year 2027-28.
The proposed replacement amendment would send a growing share of cigarette and tobacco tax revenue to the Fund for a Healthy Maine. The rest would go to the General Fund.
The proposed replacement amendment directs the State Controller to transfer part of cigarette and tobacco tax revenue to the Fund for a Healthy Maine. The transfers cover revenue from state taxes on cigarettes and tobacco products. The remaining revenue from these taxes must go to the General Fund. Transfers would start with revenue received in the fiscal year ending June 30, 2028, at 14%. The share would rise by one percentage point each year to 20% for the year ending June 30, 2034, and stay at 20% in later years.
No hearings or votes scheduled.