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LA HB517
Bill
Status
5/19/2025
Primary Sponsor
Ken Brass
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AI Summary
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Changes the excise tax on vapor products and electronic cigarettes from $0.15 per milliliter of consumable nicotine liquid to 33% of the invoice price
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Applies to all vapor products and electronic cigarettes purchased by retail and wholesale dealers on and after January 1, 2026
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Requires all wholesale and retail dealers to file an inventory of vapor products and electronic cigarettes on hand as of December 31, 2025 with the Department of Revenue by February 1, 2026
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Authorizes the Secretary of the Department of Revenue to adopt rules and regulations for the inventory filing process
Legislative Description
Establishes the Youth Cessation and Prevention Fund and dedicates a portion of the avails of the tax levied on smokeless tobacco to the fund (RE -$6,000,000 GF RV See Note)
TAX/TOBACCO TAX
Last Action
Read by title. Recommitted to the Committee on Finance.
6/3/2025