Bill > HB758

This bill amends Mississippi Code Section 27-69-13 to increase the excise tax, which is a tax on specific goods, on most tobacco products sold, used, or consumed in the state, excluding cigarettes and heated tobacco products. Specifically, the tax on cigars, cheroots, stogies, snuff, chewing tobacco, smoking tobacco, and all other tobacco products except cigarettes and heated tobacco products will rise from fifteen percent (15%) to twenty-two and one-half percent (22.5%) of the manufacturer's list price, which is the price set by the manufacturer. Additionally, the tax on heated tobacco products, which are used with a heating device, will increase from one and twenty-five one-hundredths cents (1.25¢) to one and eighty-seven one-hundredths cents (1.87¢) per disposable unit or stick. This legislation is intended to adjust tax rates on these tobacco products and will take effect on July 1, 2026.

Budget and Finance

https://billstatus.ls.state.ms.us/2026/pdf/history/HB/HB0758.xml