“A House panel is considering raising the state cigarette tax by $1 and instituting the first-ever vaping tax under a proposal heard Monday. But members believe more of the revenue from the taxes should go to health causes than the bill is written, so a vote was delayed to craft an amendment. The legislation also would add a tax to eliquids containing nicotine. Under an amendment, it would be a 39% tax assessed at the wholesale level like cigarette taxes. But the cost would ultimately be borne by customers. Under House Bill 1434, most of the money from the new taxes – about 56% – would go to the state general fund for various uses. Another 5% would go to state pension relief at about $15 million a year.”
CASAA CALL-TO-ACTION: INDIANA – STOP A VAPOR TAX (HB 1434)
ARTICLE LINK: Legislators consider cigarette tax increase, vaping tax
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