This bill amends section 77-4008 of the Tobacco Products Tax Act in Nebraska, specifically altering the tax provisions for cigars, cheroots, and stogies. The new language establishes that the tax on these products will be set at twenty percent of either the purchase price paid by the first owner or the selling price by the first owner who manufactured or fabricated them, with a maximum tax cap of fifty cents per item. Additionally, the bill modifies the tax structure for other tobacco products, including snuff and electronic nicotine delivery systems, while maintaining a twenty percent tax rate for tobacco products not specifically mentioned.

The bill also includes a provision that it will become operative on October 1, 2025, and it repeals the original section 77-4008 from the Revised Statutes Cumulative Supplement, 2024. The changes aim to update the tax framework for tobacco products in Nebraska, ensuring that the tax rates reflect current market conditions and product types.

Statutes affected:
Introduced: 77-4008