HB 1495 Summary

• Adds liquid nicotine to North Dakota's tobacco tax framework by amending multiple sections of Chapter 57-36 of the Century Code.

• Imposes an excise tax on liquid nicotine at 10 cents per fluid milliliter, with proportionate rates on fractional parts of a milliliter.

• Requires distributors and dealers selling liquid nicotine to obtain licenses from the attorney general and maintain records of purchases and sales.

• Applies the same reporting, remittance, and penalty provisions to liquid nicotine as exist for other tobacco products, including monthly tax remittance requirements and penalties for late filing or payment.

• Extends exemptions and use tax provisions to include liquid nicotine products consistent with existing tobacco tax regulations.