HB1156 Summary

• Imposes an excise tax of 7.5 cents per fluid milliliter of e-cigarette consumable product sold in Arkansas.

• Requires distributors, wholesalers, manufacturers, or retailers to register for permits and file monthly tax returns with the Department of Finance and Administration by the 15th of the following month.

• Distributes tax revenues as follows: 30% to Child Care and Early Childhood Education Fund, 30% to Arkansas Tobacco Control, 20% to Department of Veterans Affairs, and 20% to general state revenues.

• Defines "e-cigarette" broadly to include electronic devices that vaporize nicotine or other substances, excluding products regulated as drugs or devices by the FDA.

• Becomes effective on the first day of the second calendar month following enactment.