This bill amends the Tobacco Products Tax Act by revising the tax structure for cigars, cheroots, and stogies. Specifically, it introduces a new tax rate of twenty percent on the purchase price or the selling price of these products, with a maximum tax cap of fifty cents per item. Additionally, the bill maintains existing tax rates for other tobacco products, such as snuff and electronic nicotine delivery systems, while updating the legal language for clarity and consistency.

The bill also includes provisions that clarify the tax obligations for retail dealers and specifies that the tax on tobacco products is in addition to other taxes. The act is set to become operative on October 1, 2025, and it repeals the original section of the law that it amends.

Statutes affected:
Introduced: 77-4008