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California Tobacco Tax Initiative Qualifies for November 2006 Ballot.

Business Wire

| June 20, 2006 | COPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SACRAMENTO, Calif. -- The California Secretary of State announced today that the Tobacco Tax Act of 2006 has officially qualified for the statewide November 2006 ballot.

The initiative, likely to be assigned a proposition number by mid-July, would raise the state's tobacco tax by $2.60 per pack of cigarettes. The approximate $2 billion in annual expected revenue would strengthen and expand the reach of existing tobacco use prevention programs. It will also fund health insurance for children and provide needed resources for other health care priorities including disease prevention, medical research, and emergency room care. If passed by voters on November 7, 2006, the…

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