Revenues from a proposed state tax on vaping liquids would fund a child medical insurance program.
(Indianapolis, Ind.) - People who vape in Indiana could soon pay a flat tax rather than pay by the milliliter.
An Indiana Senate committee Thursday approved a 20 percent tax in vape liquids in the state. The bill moves on to the full Senate.
That'd replace the original House Bill 1444 language to tax vape liquids based on weight. The proposal first called for taxing vaping liquids by 4-cents per milliliter. Lawmakers say a flat tax is similar to the state's tobacco tax and would be much easier for stores to calculate.
Revenues from the vaping liquid excise tax, collected from retailers, would go to the Children’s Health Insurance Program.
HB 1444 would require stores which sell vaping products to obtain an electronic cigarette retail dealer’s certificate from the Indiana Department of Revenue.
RELATED STORIES:
Survey: Vaping Use Up Among Indiana Teens
Indiana Committee Passes Bill To Raise Tobacco, Vape Age To 21
I-74 Wrong-Way Driver Sentenced
Ripley County Film Fest Returns June 3-6
Lawrenceburg Tastes of Summer Set for June 20
Grand Opening Celebration Set for Batesville Bouldering Wall
Gov. Braun Ceremonially Signs Bill Aimed to Protect Taxpayers
Ross Foundation Awards Grant for Sacks of Snack Program
Comments
Add a comment