HB 1422 Summary

• Increases excise tax on cigars and pipe tobacco from 28% to 92% of wholesale purchase price.

• Increases excise tax on snuff from $0.61 to $1.96 per ounce and on chewing tobacco from $0.1652 to $0.36 per ounce.

• Increases cigarette tax from 17.67 mills to 17.67 mills per cigarette (no change to cigarette rate; focuses on other tobacco products).

• Transfers increased tax revenues from tobacco products to a community health trust fund rather than the general fund.

• Effective for taxable events occurring after June 30, 2021.