Senator Lucio Jr. Proposes a House Bill to Tax Soda

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POSTED: Thursday, March 3, 2011 - 9:59am

UPDATED: Monday, March 7, 2011 - 10:56am

Senator Eddie Lucio Jr. has file House Bill 1004 which would tax soda purchases at one cent per ounce of soda and adding .12 cents more to the cost of a soda per can.

The bill was filed at the Texas Legislature and the Senator says it could generate $2 billion dollars a year and help in lowering the $27 billion dollar shortfall the state faces. The tax would bel levied on soda's that contain high fructose corn syrup. To read the bill view the attachment below.

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Importantly, the bill would not only bring in new revenue, but also save money by bringing down the costs of obesity. Texas children especially would benefit. Check out the research and learn more: http://txchildren.org/DrinkWell

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