Iowa SF475 imposes taxes on nicotine and nonnicotine products to fund cancer research.

Iowa SF475 imposes taxes on certain nicotine and nonnicotine products to fund cancer research. The bill imposes a $1.15 tax per vapor cartridge, a 6.8 cent tax per nicotine pouch, a 15% tax on vapor products using e-liquids, and a 15% tax on e-liquids sold separately from a vapor cartridge. The revenue generated from these taxes is credited to the Iowa cancer research fund, which is managed by the department of health and human services. The fund's moneys cannot be disbursed before July 1, 2026, and are only used for cancer research purposes.

Iowa SF475 imposes taxes on nicotine and nonnicotine products to fund cancer research.

Iowa SF475 imposes taxes on certain nicotine and nonnicotine products to fund cancer research. The bill imposes a $1.15 tax per vapor cartridge, a 6.8 cent tax per nicotine pouch, a 15% tax on vapor products using e-liquids, and a 15% tax on e-liquids sold separately from a vapor cartridge. The revenue generated from these taxes is credited to the Iowa cancer research fund, which is managed by the department of health and human services. The fund's moneys cannot be disbursed before July 1, 2026, and are only used for cancer research purposes.