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Bill > S04527
NY S04527
NY S04527Relates to the taxation of vapor products; provides for the licensing of vapor products distributors; imposes certain tax return filing requirements on vapor products distributors; provides for enforcement powers.
summary
Introduced
02/06/2025
02/06/2025
In Committee
01/07/2026
01/07/2026
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT to amend the tax law, in relation to the taxation of vapor products
AI Summary
This bill establishes a comprehensive regulatory framework for vapor products in New York State, focusing on taxation, licensing, and product restrictions. The legislation introduces a 20% tax on the wholesale price of vapor products, to be collected by vapor products distributors. It mandates that any business intending to distribute vapor products must obtain a license from the commissioner, which involves a $300 application fee and requires annual renewal. The bill defines key terms like "nicotine analogue" and "flavored vapor product" and prohibits the sale of flavored nicotine analogue products. Distributors must now maintain detailed records and submit monthly returns, and the bill establishes strict enforcement mechanisms, including potential license suspension or revocation for violations. Additionally, the bill creates a state directory of vapor products, requiring manufacturers and importers to submit detailed information about their products, including FDA authorization status, with application fees of $1,000 per product and annual renewal fees of $500. Penalties for non-compliance range from civil fines to potential criminal misdemeanor charges, and the bill empowers state officials to seize and destroy non-compliant products. The comprehensive nature of the legislation aims to regulate the vapor product market more stringently, with a particular focus on preventing sales of flavored products and ensuring tax compliance.
Committee Categories
Budget and Finance
Sponsors (10)
Leroy Comrie (D)*,
Jeremy Cooney (D),
Patricia Fahy (D),
Nathalia Ferna´ndez (D),
Robert Jackson (D),
Brian Kavanagh (D),
Kevin Parker (D),
Steve Rhoads (R),
James Sanders (D),
Luis Sepúlveda (D),
Last Action
REFERRED TO BUDGET AND REVENUE (on 01/07/2026)
Official Document
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