The bill proposes the repeal of a state excise tax on tobacco products other than cigarettes and removes the mandate regarding the disposal of confiscated cigarettes. It includes several amendments to existing laws, specifically redefining terms related to tobacco products, particularly focusing on the definition of "cigarettes." The bill clarifies that the state will preempt the taxation of cigarettes, preventing local governments from imposing additional taxes on their sale. It also establishes licensing requirements for wholesalers, importers, and manufacturers of cigarettes, ensuring compliance with state regulations.

Additionally, the bill outlines compliance and enforcement measures, including record-keeping requirements for wholesalers and penalties for violations related to the sale of cigarettes. It allows for the sale of seized cigarettes by the department to licensed wholesalers, with proceeds going to the state general fund. Several sections of the current law are repealed to streamline the regulations surrounding cigarette taxation and sales. The act is set to take effect on July 1, 2025.

Statutes affected:
Introduced: 39-18-101, 39-18-103, 39-18-106, 39-18-107, 39-18-108, 39-18-102, 39-18-104, 39-18-111