Bill > HB759

This bill increases the excise tax on cigarettes sold in Mississippi, raising the tax from 3.4 cents to 5.9 cents per cigarette for those with a maximum length of 120 millimeters, with longer cigarettes being taxed as multiple cigarettes. An excise tax, which is a tax on specific goods or services, is also levied on other tobacco products like cigars, snuff, and chewing tobacco at 15% of the manufacturer's list price, and on heated tobacco products at 1.25 cents per disposable unit or stick. The bill also modifies the discount provided to dealers for purchasing tax stamps, reducing it from 8% to 4%, and specifies that this act will become effective on July 1, 2026.

Budget and Finance

https://billstatus.ls.state.ms.us/2026/pdf/history/HB/HB0759.xml