NJ S4659

Increases the cigarette tax rate from $0.135 to $0.15 per cigarette, effective August 1, 2025

Triples the tax on liquid nicotine from $0.10 to $0.30 per fluid milliliter for sales, use, or distribution within New Jersey

Raises the tax on container e-liquid from 10% to 30% of the listed retail sale price

Requires licensed distributors, wholesalers, and retail dealers to file returns and pay additional taxes on existing inventory of cigarettes and liquid nicotine products 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 starting fiscal year 2026