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1 Tobacco Tax; Tax Imposed on Electronic Cigarettes. RSA 78:2, II(b) is repealed and reenacted to read as follows:
(b) A tax upon electronic cigarettes sold at retail in this state is imposed at a rate of 40 percent of the wholesale sales price of cartridges or containers of any liquid or other substance containing nicotine that is intended to be used with or in an electronic cigarette device, regardless of whether the liquid or other substance is in a closed cartridge or container that is not intended to be opened, or in a cartridge or container that is intended to be opened. In the case of electronic cigarettes sold as packages containing both a device or devices and any cartridge or container of any liquid or other substance containing nicotine, the 40 percent tax shall be imposed on the wholesale sales price of the package.
2 Effective Date. This act shall take effect October 1, 2020.
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1 Tobacco Tax; Tax Imposed on Electronic Cigarettes. RSA 78:2, II(b) is repealed and reenacted to read as follows:
(b) A tax upon electronic cigarettes sold at retail in this state is imposed at a rate of 40 percent of the wholesale sales price of cartridges or containers of any liquid or other substance containing nicotine that is intended to be used with or in an electronic cigarette device, regardless of whether the liquid or other substance is in a closed cartridge or container that is not intended to be opened, or in a cartridge or container that is intended to be opened. In the case of electronic cigarettes sold as packages containing both a device or devices and any cartridge or container of any liquid or other substance containing nicotine, the 40 percent tax shall be imposed on the wholesale sales price of the package.
2 Effective Date. This act shall take effect October 1, 2020.