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IA SF604
Bill
AI Summary
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Amends Iowa Code Section 453C.1, subsection 10, to redefine "units sold" for tobacco regulation purposes based on packs required to bear the state excise stamp rather than packs that actually bear the stamp
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Changes measurement methodology for individual cigarettes sold by tobacco product manufacturers to count cigarettes in packs that must be stamped under state law, regardless of whether stamps were actually affixed
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Applies the same measurement standard to roll-your-own tobacco containers on which tax is due under Chapter 453A
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Requires the Department of Revenue to adopt rules necessary to determine the amount of state excise tax paid on cigarettes for each tobacco product manufacturer annually
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Takes effect immediately upon enactment, deemed of immediate importance
Legislative Description
A bill for an act relating to the measurement of units sold for purposes of cigarette and tobacco regulation and taxation, and including effective date provisions. (Formerly SSB 1155.) Effective date: 05/06/2025.
Last Action
Signed by Governor. S.J. 943.
5/6/2025