This bill modifies taxes applicable to nicotine products.
This bill:
- increases the rate of the tax levied on cigarettes;
- replaces a weight-based tax rate for moist snuff and alternative nicotine products with a tax rate based on a percentage of the manufacturer's sales price;
- repeals provisions providing for a tax rate reduction for certain modified risk tobacco products; and
- makes technical and conforming changes.

Statutes affected:
Introduced: 59-14-204, 59-14-302, 59-14-804