HB1085

Hawaii HB1085 amends the excise tax on cigarettes and tobacco products to fund various special funds.

Hawaii HB1085 modifies the excise tax on cigarettes and tobacco products to support several special funds. The bill specifies the tax rates for different periods and allocates portions of the tax revenue to the Hawaii Cancer Research Special Fund, the Trauma System Special Fund, the Community Health Centers Special Fund, and the Emergency Medical Services Special Fund. The tax rates vary depending on the type of tobacco product and the time period. The bill also includes provisions for refunds or credits if the taxed products are later subject to a casualty loss deduction.