Iowa HSB321 amends the regulation and taxation of tobacco products, including heated tobacco products.

Iowa HSB321 modifies the definition of "cigarette" to include heated tobacco products, which are tobacco products that produce an inhalable aerosol by heating tobacco without combustion. The bill also defines "heated tobacco products" and "vapor products" for regulatory purposes. It imposes a tax on cigarettes and heated tobacco products, with different rates for each. The bill excludes heated tobacco products from the 22 percent tax on the wholesale price of tobacco products.

Iowa HSB321 amends the regulation and taxation of tobacco products, including heated tobacco products.

Iowa HSB321 modifies the definition of "cigarette" to include heated tobacco products, which are tobacco products that produce an inhalable aerosol by heating tobacco without combustion. The bill also defines "heated tobacco products" and "vapor products" for regulatory purposes. It imposes a tax on cigarettes and heated tobacco products, with different rates for each. The bill excludes heated tobacco products from the 22 percent tax on the wholesale price of tobacco products.