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IN HB1476
Bill
Status
1/18/2017
Primary Sponsor
Sheila Klinker
Click for details
AI Summary
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Imposes a tax of 10 cents ($0.10) per fluid milliliter on vapor products containing nicotine distributed in Indiana.
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Distributors are liable for the tax when they bring vapor products into Indiana, manufacture them in Indiana, or transport them to retail dealers for resale.
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All invoices for vapor products must state the amount of consumable product in milliliters, and copies must be retained for three years subject to department examination.
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Tax revenue is split equally with 50% deposited to the state general fund and 50% deposited to the addiction services fund under IC 12-23-2.
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Effective July 1, 2017.
Legislative Description
E-liquids taxes. Imposes a tax on e-liquids that contain nicotine at a rate of 10 cents per milliliter of consumable product. Deposits the revenue from the tax in the state general fund and the addiction services fund.
Last Action
First reading: referred to Committee on Ways and Means
1/18/2017