H3074

Massachusetts H3074 aims to protect youth from nicotine addiction by imposing excise taxes on cigars, smoking tobacco, and cigarettes.

Massachusetts H3074, titled "An Act protecting youth from nicotine addiction," seeks to impose excise taxes on cigars, smoking tobacco, and cigarettes. The bill amends the excise tax rate on cigars and smoking tobacco to 80% of the wholesale price. It also imposes an excise tax on cigarettes, requiring manufacturers, wholesalers, and retailers to file returns and pay an additional excise tax of 50 mills per cigarette. The bill aims to generate revenue to support efforts to protect youth from nicotine addiction.