Illinois SB2338 amends the Tobacco Products Tax Act to redefine "electronic cigarette" and impose a tax on electronic cigarettes and tobacco products.
Illinois SB2338 amends the Tobacco Products Tax Act to redefine "electronic cigarette" to include any device delivering aerosolized or vaporized nicotine, excluding certain FDA-approved products and cannabis-related items. It imposes a tax on electronic cigarettes at 15% of the wholesale price and on other tobacco products at varying rates based on the sale date. Distributors and retailers must obtain licenses, and tax revenues are allocated to specific state funds. The bill also updates definitions and tax rates for little cigars and moist snuff.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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