Ballot Measures

Proposition B: Create The Health And Education Trust Fund

November 6, 2012 Missouri General Election
Description:

Shall Missouri law be amended to:

* create the Health and Education Trust Fund with proceeds of a tax of $0.0365 per cigarette and 25% of the manufacturer's invoice price for rollyour- own tobacco and 15% for other tobacco products;

* use Fund proceeds to reduce and prevent tobacco use and for elementary, secondary, college, and university public school funding; and

* increase the amount that certain tobacco product manufacturers must maintain in their escrow accounts, to pay judgments or settlements, before any funds in escrow can be refunded to the tobacco product manufacturer and create bonding requirements for these manufacturers?

Estimated additional revenue to state government is $283 million to $423 million annually with limited estimated implementation costs or savings. The revenue will fund only programs and services allowed by the proposal. The fiscal impact to local governmental entities is unknown. Escrow fund changes may result in an unknown increase in future state revenue.

INSTRUCTIONS TO VOTERS

If you are in favor of this question, place an X in the box opposite "YES".

If you are opposed to this question, place an X in the box opposite "NO".

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