|
From YubaNet.com CA SACRAMENTO Dec. 19, 2009 – Secretary of State Debra Bowen today announced that the proponent of a new initiative may begin collecting petition signatures for his measure. IMPOSES ADDITIONAL TAX ON CIGARETTES FOR CANCER RESEARCH. INITIATIVE STATUTE. Imposes additional five cent tax on each cigarette distributed ($1.00 per pack), and an equivalent tax increase on other tobacco products, to fund cancer research and other specified purposes. Requires tax revenues be deposited into a special fund to finance research and research facilities focused on detecting, preventing, treating, and curing cancer, heart disease, emphysema, and other tobacco-related diseases, and to finance prevention programs. Creates nine-member committee charged with administering the fund. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local government: Increase in new cigarette tax revenues of about $850 million annually by 2011-12, declining slightly annually thereafter, for various health research and tobacco-related programs. Increase of about $45 million annually to existing health, natural resources, and research programs funded by existing tobacco taxes, but a decrease of about $45 million annually in tobacco taxes for early childhood programs. Increase in state and local sales taxes of about $32 million annually. (09-0065.)The Secretary of State’s tracking number for this measure is 1416 and the Attorney General’s tracking number is 09-0065. The proponent for this measure, N. Eugene Hill, must collect signatures of 433,971 registered voters – the number equal to 5% of the total votes cast for governor in the 2006 gubernatorial election – in order to qualify it for the ballot. The proponent has 150 days to circulate petitions for this measure, meaning the signatures must be collected by May 17, 2010. The initiative proponent can be reached at (916) 442-2952. © Copyright YubaNet.com |