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House and Senate negotiators signed off on the increase Tuesday during a meeting at the state Capitol.
Mississippi's cigarette excise tax of 18 cents a pack is the third-lowest in the nation.
Legislators want to agree on a cigarette tax before they finish a state spending plan for the fiscal year that begins July 1. The full House and Senate are scheduled to return to the Capitol on May 6 to complete the budget.
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The bill is House Bill 364.
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