House has Passed Budget for Senate in Washington State, HB 2795 is dead.

Discussion in 'General Vaping Discussion' started by ImperfectFuture, Mar 13, 2014.

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  1. ImperfectFuture

    ImperfectFuture Senior Member Verified Member ECF Veteran

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    Watched it live, congratulations part of the comments on floor before vote on budget. Mt. baker Vapor, and Provape are safe.

    Be aware, transportation wasn't passed, Governor will not be happy, there COULD be a special session. Also, local counties may visit this issue, though I don't see that going too far.

    Sign up one for casaa and other organizers. We are more organized than a rag tag group hanging out on forums and YouTube

    :rickroll: :banana::vapor:
     
  2. Mikie

    Mikie Super Member Verified Member ECF Veteran

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    Very good news!
     
  3. peraspera

    peraspera Ultra Member Verified Member ECF Veteran

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    We dodged a nuclear bomb on this one. Hope it doesn't arise from the grave in any sort of special session.
     
  4. Pocha

    Pocha Super Member Verified Member ECF Veteran

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    Great news!
     
  5. cbrite

    cbrite Ultra Member Verified Member ECF Veteran

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    Thank goodness.
     
  6. Iffy

    Iffy Vaping Master Verified Member ECF Veteran

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  7. Ken_A

    Ken_A Vaping Master Verified Member ECF Veteran

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  8. ImperfectFuture

    ImperfectFuture Senior Member Verified Member ECF Veteran

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    Lol @ the dance emoticons. Besides, I don't want my state leeching over to the rest of the US.
     
  9. Mikie

    Mikie Super Member Verified Member ECF Veteran

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    lol, your state legalizes a federally illegal product, but someone freaked out about ecigs and tried to pass a bill trying to tax it out of existence. It was going nowhere to begin with IMO. They will tax it though, just like the other stuff, but not that BS that was just put up for a vote.

    /the rest of the states said "lulz, ok WA"
     
  10. Caffeine7

    Caffeine7 Super Member Verified Member ECF Veteran

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    We won a battle but the war rages on. Ever met a politician that wouldnt do anything for a buck? Especially taxes for "the children"? They should follow Colorado's lead and tax the "other stuff" instead
     
  11. degnr8

    degnr8 Ultra Member ECF Veteran

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    Outstanding!! My little B&M down the road isn't gonna go under
     
  12. Zealous

    Zealous Ultra Member Verified Member ECF Veteran

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    Saweeeeeet!!! that's good news. :)
     
  13. Jugband

    Jugband Ultra Member Verified Member ECF Veteran

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    Fantastic news!!!!!!! :D
     
  14. Purplepeeps

    Purplepeeps Ultra Member Verified Member ECF Veteran

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    Wonderful news!
     
  15. ImperfectFuture

    ImperfectFuture Senior Member Verified Member ECF Veteran

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    It was about taxing under the MSA act, classifying as tobacco. The fiscal statement says the money was intended to replace revenue lost by tobacco quitters.

    The MSA provided tobacco settlement money to be paid by the 5 biggies (and smaller startups within the next couple years), for 25 years starting after 1998. Forget the exact amount to be paid, the fine print - if the revenue drops from tobacco sales (since this was punitive damages, and they do want us to quit, don't they?), the tobacco companies pay less and could end up paying nothing.

    Washington was one of many states that did a settlement buy out. They sold the rights to future tobacco payments for bonds. Of course, in 2000, they were graded munis with A+ certification and above. Now, with the drop in revenue (check out ticker symbol MO, Altria, for historic data), they are mostly graded junk, and the interest rate being paid is higher, the State needed (or is hoping to) reclassify ecigs as tobacco under the MSA act, therefore using a projected growth of over 150% during the next 4 years, recouping that money from the tobacco companies. Um, Tennessee also sold, but are you in the tobacco belt?

    That is why many states were looking at this, along with many states banning ecigs from non-smoking places. This is a slow but subtle move to try to get nic ejuice reclassified as tobacco. There is a non-profit firm, funded by grants it shouldn't be receiving, leading the way for states (and if that doesn't work, local municipalities), in this direction.

    It's all about the money, but not exactly the way you thought. The bills in Washington state included language for the MSA act. Otherwise, why not just sin tax it without that language, like alchohol? (PS, after a year, the sin tax for alcohol was supposed to be reduced, but almost two years, going strong).

    Just sayin'', this wasn't a signature gathering public initiative that got the mari on the ballot, this is state lawmakers trying to recoup the lost revenue from quitting smokers, and it's not just the sales tax,

    Coming to a state near you? :2c:
     
  16. certus11

    certus11 Super Member ECF Veteran

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    hallelujahhallelujahhallelujahhallelujahhallelujahhallelujahhallelujahhallelujahhallelujahhallelujahhallelujahhallelujahhallelujahhallelujahhallelujahhallelujahhallelujahhallelujahhallelujahhallelujah
     
  17. Elizabeth Baldwin

    Elizabeth Baldwin Ultra Member Verified Member ECF Veteran

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    This a good news. The war rages on! :vapor:
     
  18. certus11

    certus11 Super Member ECF Veteran

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    man I am having this big smile on my face and I am a california resident haha
     
  19. jensy

    jensy Super Member ECF Veteran

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    Fantastic news !!!!!!!!!
     
  20. catlady60

    catlady60 Ultra Member Verified Member ECF Veteran

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    Hip, hip, hurray!!! MBV and Provari are saved, at least for now.

    :toast::vapor::party:
     
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