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Committee declines to advance proposal to tax e‑cigarettes and vapes at OTP rate
Summary
Senators debated taxing e‑cigarette and vape products at the same rate as other tobacco products (about 68%), citing youth‑use data and potential revenue for the state cancer institute; DFA presented revenue estimates and the motion to pass failed.
Senate Bill 347, a bill to tax electronic cigarette and vape products at the same rate applied to other tobacco products, was presented to the Senate Revenue & Tax Committee and was not advanced after debate and fiscal review.
Senator Bond (presenting) said the measure would apply an excise tax roughly equivalent to the existing "other tobacco products" rate…
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