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MS HB758

Bill

Official Source

Status

Failed

2/25/2026

Primary Sponsor

Bob Evans

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Excise tax on cigars, cheroots, stogies, snuff, chewing tobacco, smoking tobacco, and all other tobacco products (except cigarettes and heated tobacco products) increases from 15% to 22.5% of the manufacturer's list price
  • Excise tax on heated tobacco products (disposable units or sticks) increases from 1.25 cents to 1.87 cents per unit
  • Cigarette tax rate remains unchanged at 3.4 cents per cigarette (for cigarettes up to 120 millimeters in length)
  • Effective date is July 1, 2026

Legislative Description

Tobacco; increase excise tax on all products except cigarettes.

Last Action

Died In Committee

2/25/2026

Committee Referrals

Ways and Means1/16/2026

Full Bill Text

No bill text available