AZ HB4032

Imposes a 50% excise tax on all vapor products (e-cigarettes, vape pens, e-hookahs) and alternative nicotine products sold at retail to consumers in Arizona

Distributes tax revenues across multiple funds: 49% to early childhood development and health fund, 21% to state general fund, 19% to out-of-school time programs, 5% to ninth grade on-track grant program, 5% to early intervention support, and 1% to smoke-free Arizona enforcement

Creates new funds including the out-of-school time program fund (supporting recreational and educational programs for school-age children) and the early intervention support fund (for infants and toddlers with developmental delays)

Requires a three-fourths vote of both legislative houses to amend provisions related to the early childhood development fund and Smoke-Free Arizona Act, plus a two-thirds vote for the tax to take effect

Exempts the Department of Revenue from rulemaking requirements for one year after the effective date to implement the new tax