Iowa SF2480 imposes taxes on alternative nicotine products and vapor products, and appropriates funds for pediatric cancer research.
Iowa SF2480 regulates alternative nicotine products and vapor products by imposing taxes on their wholesale sales price. Distributors of these products are required to file returns and pay taxes at rates of 5 cents per container for alternative nicotine products and 5 cents per milliliter for vapor products. The bill also mandates record-keeping and reporting requirements for distributors and retailers.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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