COLUMBIA, S.C. --South Carolina's cigarette tax would increase to 57 cents a pack under a bill heading to the Senate Finance Committee.
The legislation is a hike from the current 7 cent-a-pack tax that has been the nation's lowest.
Senator Thomas Alexander chaired the subcommittee handling the bill. He says it will generate nearly $160 million. The money would be used for tax credits to help the state's poorest residents buy health insurance.
The legislation is a hike from the current 7 cent-a-pack tax that has been the nation's lowest.
Senator Thomas Alexander chaired the subcommittee handling the bill. He says it will generate nearly $160 million. The money would be used for tax credits to help the state's poorest residents buy health insurance.
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