Iowa SSB3145 increases taxes on cigarettes, tobacco products, vapor products, and consumable hemp products, and makes appropriations to health and.

Iowa SSB3145 revises tax rates on cigarettes, tobacco products, vapor products, and consumable hemp products. It raises the cigarette tax from 6.8 cents to 10.05 cents per cigarette, increasing the tax on a pack of cigarettes from $1.36 to $2.01. The bill also raises the tax on loose tobacco products dispensed from vending machines. It increases the tax on tobacco products from 50 percent to 55 percent of the wholesale sales price, and sets a cap of 55 cents per cigar. The bill imposes a 15 percent excise tax on vapor products and consumable hemp products, collected at the point of sale.

Iowa SSB3145 increases taxes on cigarettes, tobacco products, vapor products, and consumable hemp products, and makes appropriations to health and.

Iowa SSB3145 revises tax rates on cigarettes, tobacco products, vapor products, and consumable hemp products. It raises the cigarette tax from 6.8 cents to 10.05 cents per cigarette, increasing the tax on a pack of cigarettes from $1.36 to $2.01. The bill also raises the tax on loose tobacco products dispensed from vending machines. It increases the tax on tobacco products from 50 percent to 55 percent of the wholesale sales price, and sets a cap of 55 cents per cigar. The bill imposes a 15 percent excise tax on vapor products and consumable hemp products, collected at the point of sale.