четверг, 5 июля 2012 г.

Federal law could shutter tobacco shops


A provision in a $109 billion transportation funding bill passed by both houses of Congress could drive many roll-your-own tobacco shops out of business. KDKA reports the bill includes language that would subject many roll-your-own tobacco shops to taxes they hadn't previously had to contend with.

The shops also will have to apply for manufacturing permits. Tobacco store owners told KDKA the additional costs could drive them out of business. The transportation bill reauthorized the Highway Trust Fund and provided funding for infrastructure spending for the next two years. It passed just one day before a previous extension was set to expire on June 30.

Before the bill was passed in June, the Business Times reported on the difficulty faced by construction firms and PennDOT planners when budgeting for projects without knowing federal funding levels. Subscribers can read the article here.

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