NY A04540

Increases the tax on retail sales of vapor products from 20% to 41%, with 21% of the new revenue directed to a newly established "tobacco and vaping cessation fund"

Requires the Department of Health to create a webpage listing e-liquid manufacturers compliant with federal and state regulations within 120 days, along with a scannable QR code for verification

Gives e-liquid sellers 90 days after notification from the health commissioner to ensure their products come from compliant manufacturers or face civil penalties up to $1,000

Establishes the tobacco and vaping cessation fund to support cessation research approved by the health research science board and programs helping users quit tobacco and vaping products

Mandates annual reporting by February 1st from both the comptroller (certifying fund deposits) and the health commissioner (detailing fund disbursements, recipients, and purposes)