HB1845

Mississippi HB1845 imposes an excise tax on ENDS products and vapor products, with revenue directed to the University of Mississippi Medical Center.

Mississippi HB1845 amends the state's tobacco tax law to include ENDS products and vapor products within the definition of tobacco. It imposes an excise tax on these products, with the revenue from this tax to be deposited into the University of Mississippi Medical Center Cancer Center and Research Institute Fund. The bill specifies the tax rates and defines terms such as "ENDS product" and "vapor product." It also outlines the responsibilities of wholesalers, retailers, and other dealers in affixing tax stamps and reporting sales.