Bill > HB1896

This bill imposes a 25% excise tax on kratom products in Mississippi and defines key terms related to kratom. Specifically, the bill defines "kratom leaf" as the leaf of the Mitragyna speciosa plant in dried or minimally processed form, "kratom leaf extract" as a material extracted from kratom leaves using specific solvents, and "kratom product" as a food or dietary supplement containing kratom leaf or extract. The excise tax will be levied on the sale, use, consumption, handling, or distribution of kratom products, with the tax burden ultimately falling on the end consumer. Additionally, the bill amends existing tobacco tax regulations to clarify requirements for out-of-state tobacco product purchases, mandating that both wholesale and retail purchasers of tobacco products from outside Mississippi must remit the state's tobacco excise tax directly to the Mississippi Department of Revenue within specified timeframes. The provisions of this bill will take effect on July 1, 2025, giving businesses and consumers advance notice of the new tax and regulatory requirements.

Budget and Finance

https://billstatus.ls.state.ms.us/2025/pdf/history/HB/HB1896.xml