Liquid nicotine would be classified as “other tobacco products” and be subject to tax under a bill the Assembly Taxation Committee considered Tuesday.
Assembly Bill 269 would impose a tax of 5 cents per fluid milliliter of “consumable product,” defined as “any nicotine liquid solution or other material containing nicotine that is depleted as a vapor product is used.”
Under the bill, wholesalers of e-cigarettes and liquid nicotine as well as retail vape shops would have to be licensed by the Department of Taxation.
Assemblywoman Irene Bustamante Adams, D-Las Vegas, said her bill aims to bring the state’s tax structure up to date with emerging products.
Feckless vaping industry representatives and vape shop owners bleated their long-debunked argument that many people are drawn to vaping as a way to quit smoking. They argued it was punitive to tax them when they’re trying to improve their health.
It’s a phony argument. Vaping isn’t healthy.
Read the whole story in the Las Vegas Review-Journal