2024 Session

Budget Amendments - HB30 (Conference Report)

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Implementation of Heated Tobacco Tax Legislation

Item 258 #5c

Item 258 #5c

First Year - FY2025 Second Year - FY2026
Department of Taxation FY2025 $403,000 FY2026 $297,000 GF

Page 279, line 3, strike "$67,280,233" and insert "$67,683,233".
Page 279, line 3, strike "$67,280,233" and insert "$67,577,233".


(This amendment provides funding for the Department of Taxation to implement House Bill 1099 from the 2024 Session, which redefines "cigarette" for state cigarette tax purposes to include any product containing nicotine that is intended to be burned or heated under ordinary conditions of use and subjects such cigarettes intended to be heated to an excise tax of 2.25 cents per cigarette on and after July 1, 2021.)