This bill seeks to modernize Arizona's statutes by expanding the definition of regulated products to include nicotine products and vapor products alongside tobacco products. It updates various sections to ensure that these new categories are subject to the same regulations as tobacco products, including restrictions on holding, storing, and selling. The bill mandates that individuals may not hold or store nicotine products or vapor products for sale or distribution without proper disclosure to the department, and it requires that all transactions involving these products be properly documented. Furthermore, the bill introduces new licensing requirements for distributors of nicotine products and vapor products, stipulating that they must source these products only from licensed manufacturers or importers. It also exempts the department of revenue from certain rulemaking requirements for one year following the bill's effective date and establishes that the act will apply to taxable periods beginning on or after December 31, 2025. The implementation of this act is contingent upon a two-thirds legislative vote and the governor's signature.

Statutes affected:
Introduced Version: 42-1102, 42-1124, 42-1125, 42-2003, 42-3001, 42-3008, 42-3051, 42-3052, 42-3053, 42-3107, 42-3401, 42-3403, 42-3404, 42-3405, 42-3406, 42-3501, 42-3502, 42-3504, 13-3711, 36-798.06, 42-3461, 44-7111, 41-1092, 42-1251, 42-2057, 43-413, 42-1129, 42-1105, 42-1123, 42-5005, 42-5014, 43-302, 4-101, 42-2002, 42-1101, 42-12006, 43-1083.03, 43-1164.04, 41-1512, 41-1517, 41-1519, 43-1082, 43-1165, 32-1164, 12-821.01, 36-2806, 5-401, 42-6002, 9-500.39, 11-269.17, 42-5029, 43-221, 42-2001, 42-1122, 46-291, 42-5031, 44-7101, 42-1103.02, 42-1125.01, 43-419, 42-5001, 42-5032.02, 42-5076, 4-205.10, 42-3451, 35-146, 35-147, 42-3302, 42-1105.02, 42-3102, 8-1181, 42-1127, 89-92, 13-904, 41-1092.11, 42-3454, 42-3462, 42-3460, 42-3402