2025 -- H 5770 | |
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LC001408 | |
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STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2025 | |
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A N A C T | |
RELATING TO TAXATION -- CIGARETTE, OTHER TOBACCO PRODUCTS, AND | |
ELECTRONIC NICOTINE-DELIVERY SYSTEM PRODUCTS | |
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Introduced By: Representatives Caldwell, Craven, McEntee, Casey, and Kazarian | |
Date Introduced: February 26, 2025 | |
Referred To: House Finance | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Section 44-20-5 of the General Laws in Chapter 44-20 entitled "Cigarette, |
2 | Other Tobacco Products, and Electronic Nicotine-Delivery System Products" is hereby amended |
3 | to read as follows: |
4 | 44-20-12. Tax imposed on cigarettes sold. |
5 | (a) A tax is imposed on all cigarettes sold or held for sale in the state. The payment of the |
6 | tax to be evidenced by stamps, which may be affixed only by licensed distributors to the packages |
7 | containing such cigarettes. Any cigarettes on which the proper amount of tax provided for in this |
8 | chapter has been paid, payment being evidenced by the stamp, is not subject to a further tax under |
9 | this chapter. The tax is at the rate of two hundred twenty-five (225) mills for each cigarette. |
10 | (b) Any tax imposed under this chapter shall be reduced by seventy-five percent (75%) for |
11 | any product the Secretary of the United States Department of Health and Human Services |
12 | determines to be a modified risk tobacco product pursuant to § 21 U.S.C. 387K. For the purpose of |
13 | this section, "modified risk tobacco product" means any tobacco product that is sold or distributed |
14 | for use to reduce the harm or the risk of tobacco-related disease associated with commercially |
15 | marketed tobacco products. |
16 | SECTION 2. This act shall take effect upon passage. |
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LC001408 | |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO TAXATION -- CIGARETTE, OTHER TOBACCO PRODUCTS, AND | |
ELECTRONIC NICOTINE-DELIVERY SYSTEM PRODUCTS | |
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1 | This act would reduce the cigarette tax imposed by seventy-five percent (75%) for any |
2 | modified risk tobacco product as defined in § 21 U.S.C. 387K as a tobacco product sold or |
3 | distributed to reduce the harm or risk of tobacco-related disease associated with commercially |
4 | marketed tobacco products. |
5 | This act would take effect upon passage. |
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