New Mexico preparing to impose new restrictions, tax on vaping

New Mexico is preparing to impose new restrictions on vaping indoors and levy a new tax on the liquid used in e-cigarettes. The laws come as the state faces an explosion in the number of young people puffing on electronic cigarettes and legislators debate how to regulate the growing industry. Starting June 14, the state will add vaping and e-cigarettes to its indoor smoking ban. Anywhere smoking is banned, vaping will be, too, including movie theaters, offices and restaurants. In July, a 12.5% tax on the liquid used in e-cigarettes will go into effect as part of broader changes to … Continue reading New Mexico preparing to impose new restrictions, tax on vaping

Gov’t to tax, regulate e-cigarettes

The government will come up with the tax scheme and regulations covering e-cigarettes and other nontraditional cigarette products in line with plans of tobacco firms to sell them in the country. “I got a letter from one of the companies saying that they are going to be introducing that product here. We are in conversation with the DOH [Department of Health] on how to handle it,” Finance Secretary Carlos G. Dominguez III told reporters late Friday. Dominguez noted that there were now various types of products and technologies being marketed as alternatives to cigarettes such as vape and “heat not … Continue reading Gov’t to tax, regulate e-cigarettes

The Washington Senate Passes Vape Tax

On the 23rd of April, the Senate voted 35 -13 in favor of bill SB 5986 which taxes vaping products. The advocates of the bill are claiming that taxing the devices is a good way to encourage people to engage in “healthy” choices. Meanwhile, the tax is projected to provide $40 million in revenue through 2025. “THE BILL IS FAILING TO TAKE INTO ACCOUNT THE RESEARCH INDICATING THAT E-CIGS ARE EXCELLENT SMOKING CESSATION TOOLS.” On the other hand, in line with what many public health experts keep pointing out, legislators opposed to the bill are saying that it is failing to take … Continue reading The Washington Senate Passes Vape Tax

Pritzker lists accomplishments in first 100 days

From selecting a diverse cabinet, to passing a statewide minimum wage increase, signing laws regulating gun stores, and signing executive orders on equal pay and on immigration, and more, Gov. J.B. Pritzker is celebrating his first 100 days in office. This week marks Gov. J.B. Pritzker’s first 100 days in office. Last week, marked the first 100 days for the new Democratic supermajorities in Illinois’ General Assembly. Pritzker’s office released a list of accomplishments Tuesday. “Pritzker promised to think big for Illinois, and he’s living up to that commitment,” the statement said. Democrats have veto-proof supermajorities in both chambers, which … Continue reading Pritzker lists accomplishments in first 100 days

Nevada senator proposes 30 percent tax on vaping products

CARSON CITY – Vaping products would be taxed like tobacco, at 30 percent of their wholesale cost, under a bill heard in committee Thursday. Health advocates said they were trying to reverse a rise in teenage vaping while shop owners said the tax would kill their business. would also set licensing requirements and fees for dealers. Proceeds could fund public health improvement and tobacco use prevention and cessation efforts. The added tax and fees might raise as much as $8 million. But revenue is not the main goal of the bill, sponsor Sen. Julia Ratti, D-Sparks, told the Senate Revenue … Continue reading Nevada senator proposes 30 percent tax on vaping products

Illinois Lawmakers Propose 36% Wholesale Tax on Vaping Products

Senate Bill 1124 would amend the Tobacco Product Tax Act of 1995 to include e-cigarettes in the definition of tobacco products. This would apply a 36 percent wholesale tax to all components of vaping products, including “any device that employs a battery or other mechanism to heat a solution or substance to produce a vapor or aerosol intended for inhalation.” This bill would also tax all e-liquids, “whether or not it contains nicotine intended for use in the device.” Gov. J.B. Pritzker who is pushing the bill, said he hopes that the revenue from the tax would “balance his budget proposal.” … Continue reading Illinois Lawmakers Propose 36% Wholesale Tax on Vaping Products

New Yorkers to Pay 20 Percent Sales Tax on Vaping Products

Vapers in New York will pay a new 20 percent sales tax on vaping products starting Dec. 1. The tax, passed as part of the state’s fiscal 2019-2020 budget (S.B. 1509C), applies to the liquid and gel that is used in electronic devices including cigarettes, cigars, and vaping pens, regardless of whether they contain nicotine. The measure is projected to raise $2 million in revenue in fiscal year 2020, which ends March 31, and $19 million in FY 2021, according to the governor’s office. The money will go to the state’s Health Care Reform Act Resource Fund. The revenue estimate … Continue reading New Yorkers to Pay 20 Percent Sales Tax on Vaping Products