Bill > S2020

This bill increases taxes on cigarettes and tobacco products in Massachusetts with several key provisions. First, it raises the cigarette excise tax from 150 1/2 mills to 200 1/2 mills per cigarette, which means for every thousand cigarettes, the tax would increase by $50. Additionally, the bill imposes an 80% excise tax on cigars and smoking tobacco based on their wholesale price. Manufacturers, wholesalers, retailers, and other tobacco product sellers will be required to file an inventory report within 21 days of the law's effective date, and they must pay an additional 50 mills per cigarette on existing inventory that was previously taxed at the lower rate. The bill aims to discourage tobacco use, particularly among youth, by making cigarettes and tobacco products more expensive. The legislation also maintains existing reporting and examination requirements for cigarette transporters and warehouses, allowing tax authorities to monitor tobacco product movements and ensure compliance with the new tax rates.

Budget and Finance

https://malegislature.gov/Bills/194/S2020