NJ A5805

Increases the cigarette tax rate to $0.15 per cigarette (equivalent to $3.00 per pack of 20), effective August 1, 2025

Sets the tax on liquid nicotine at $0.30 per fluid milliliter for sales by distributors or wholesalers to retail dealers or consumers

Imposes a 30 percent tax on the listed retail sale price of container e-liquid sold in New Jersey

Requires licensed distributors, wholesalers, and retail dealers to file returns and pay taxes on cigarettes and liquid nicotine inventory in their possession as of the effective date

Dedicates $2,000,000 annually from liquid nicotine and container e-liquid tax revenues to the Health Care Subsidy Fund beginning July 1, 2025