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IN HB1187
Bill
Status
1/9/2018
Primary Sponsor
Sheila Klinker
Click for details
AI Summary
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Imposes an excise tax on e-liquids containing nicotine at a rate of $0.10 per fluid milliliter of consumable product, effective July 1, 2018.
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Distributors of vapor products in Indiana are liable for the tax when they bring products into the state, manufacture them in-state, or transport them to retail dealers for resale.
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Requires all invoices for vapor products to state the amount of consumable product in milliliters and mandates retention of purchase and sale invoices for three years.
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Directs revenue from the tax to be split equally between the state general fund (50%) and the addiction services fund (50%).
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Expands the definition of gross retail income to include e-liquids sales with the tax imposed under this chapter.
Legislative Description
E-liquids taxes. Imposes a tax on e-liquids that contain nicotine at a rate of $0.10 per fluid 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
1/9/2018