IA SSB3145

Increases the cigarette tax from 6.8 cents to 10.05 cents per cigarette, with vending machine sales taxed at 4.52 cents per cigarette instead of the current 3.6 cents

Raises the tobacco products tax from 22% to 55% of wholesale sales price, with an additional 28% tax on distributors, and increases the maximum cigar tax cap from 50 cents to 55 cents per cigar

Imposes a new 55% tax on vapor products based on wholesale sales price, plus an additional 28% consumer use/storage tax

Applies the same tax structure to consumable hemp products as vapor products, taxing at 55% of wholesale price plus 28% for consumer use/storage

Makes appropriations to the Department of Health and Human Services and the Department of Justice from the resulting tax revenues