Vape Taxes in Louisiana Set to Be Triple under New Vaping law
In a recent announcement, Governor John Bel Edwards revealed that he has signed HB 635 into law, which will result in an increase in the excise tax on nicotine vape products from 5 cents per milliliter to 15 cents. This change is set to take effect on July 1. The bill, sponsored by State Representative Paul Hollis (R-Covington), received overwhelming support with an 83-13 vote in the house and unanimous approval in the Senate.
The primary objective of this new law is to generate additional revenue to cover the cost of salary increases and related benefits for members of the state police service and to support special law enforcement initiatives. By raising the excise tax on vapes, the government aims to secure the necessary funds for these important endeavors.
Apart from the tax increase, the law also introduces stricter regulations on the purchase of vape products, particularly for individuals under the age of 21. Manufacturers will be required to implement real-time electronic age verification platforms approved by the state commissioner of the Office of Alcohol and Tobacco Control for online sales. Additionally, manufacturers who fail to comply with the age verification rules may face a fine of $500.
Another significant aspect of the new law is the creation of a directory that lists all vape and alternative nicotine products authorized for sale within the state. Starting from November 1, manufacturers will be obligated to register their products with the Office of Alcohol and Tobacco Control. Failure to register will result in a daily fine of $1,000 for each unregistered product available for sale.
With these new measures in place, the state aims to regulate the sale and distribution of vape products more effectively, protect minors from accessing these products, and ensure compliance within the industry.
In conclusion, Governor John Bel Edwards has signed HB 635 into law, which brings several changes to the vaping industry in the state. The most notable change is the increase in the excise tax on nicotine vape products, which will go towards funding salary increases for state police service members and supporting law enforcement initiatives. The law also includes stricter regulations for purchasing vape products, requiring manufacturers to implement real-time electronic age verification systems. Furthermore, a directory of authorized vape products will be established to ensure compliance within the industry. These measures are aimed at safeguarding public health, particularly among minors, and generating additional revenue for important law enforcement initiatives.
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