Bill > S08559

This bill amends the tax law to impose a 20% tax on vapor products sold by vapor products distributors to vapor products dealers in New York state. The bill defines a "vapor products distributor" and requires them to obtain a license from the Commissioner of Taxation and Finance. The bill also imposes various reporting and compliance requirements on vapor products distributors, and grants the Commissioner enforcement powers, including the ability to seize non-tax-paid vapor products.