Virginia Lawmakers are considering an amendment to the 2020 State Budget Bill that would increase the excise tax rates on cigarettes and other tobacco products, as well as enact a new excise tax on electronic cigarettes and vapor products.
The amendment would increase the tax rate on cigarettes from $0.30 per pack to $0.60 per pack. The legislation would also double the tax on other tobacco products, including moist snuff and loose leaf. Finally, the amendment would apply a new tax to components of vapor products, and would tax nicotine-containing e-liquid at a rate of $0.066 per fluid milliliter. [...]