New Mexico 2022 Regular Session

New Mexico House Bill HB33

Caption

Cigarette And Tobacco Products Tax

Impact

The bill's primary objective is to enhance state revenues while also deterring tobacco use among residents. Revenue generated from these increased taxes is earmarked for public health initiatives, including funding for cancer treatment facilities and health sciences centers. This is expected to support community health programs aimed at combating tobacco-related diseases, thereby improving overall public health outcomes in the state.

Summary

House Bill 33 aims to increase taxation rates on cigarette sales and tobacco products in New Mexico, addressing the growing public health concerns associated with tobacco use. The legislation raises the excise tax on cigarettes from 10 cents to 20 cents per cigarette, as well as increasing the tax on various tobacco products. Notably, the bill expands the definition of 'tobacco product' to include nicotine in any form, thus broadening the scope of taxable items under the Tobacco Products Tax Act, which could potentially include e-cigarettes and other nicotine delivery systems.

Contention

Discussions surrounding HB33 highlight concerns about the increased financial burden on consumers, particularly among lower-income populations who may be disproportionately affected by higher tobacco prices. Supporters argue that the tax hike is necessary for public health and can deter smoking, while opponents caution that it may encourage an illicit market for tobacco products and further burden those struggling with addiction. The bill’s broader definition of tobacco products to include nicotine in all forms is also debated, as this could lead to confusion among consumers and businesses regarding taxation compliance.

Companion Bills

No companion bills found.

Previously Filed As

NM SB20

Increase Cigarette & Tobacco Products Taxes

NM HB758

Tobacco; increase excise tax on all products except cigarettes.

NM HB2382

Concerning excise taxes on cigarettes, vapor products, and tobacco products.

NM HB5024

Relating to the regulation of cigarettes and tobacco products, including the definitions of cigarettes and tobacco products.

NM SB121

Increase Tobacco Products Tax

NM SB1182

Relating to the sale or transfer of flavored cigarettes, e-cigarettes, and tobacco products and to certain cigarette or tobacco product advertising.

NM HB1570

The tax imposed on cigarettes and other tobacco products; to provide a penalty; and to provide an effective date.

NM HB290

Increasing the taxes on cigarettes and electronic cigarettes and establishing a committee to study taxes on tobacco and other nicotine products.

NM AB573

Cigarette and tobacco products: licensing and enforcement.

NM HB2132

Modifies provisions relating to the taxation of cigarettes and tobacco products

Similar Bills

WV SB130

Creating E-cigarette and E-cigarette Liquid Directory

WV SB93

Creating E-cigarette and E-cigarette Liquid Directory

KS SB355

Regulating the manufacture, wholesale and distribution of electronic cigarettes in this state and establishing licensure of electronic cigarette manufacturers.

NJ A1748

Requires school districts to provide instruction on dangers of electronic cigarette usage as part of New Jersey Student Learning Standards in Comprehensive Health and Physical Education.

NV AB536

Revises provisions relating to tobacco. (BDR 32-1098)

WI AB511

The cigarette excise tax and cigarettes that involve heating tobacco without combustion. (FE)

WI SB544

The cigarette excise tax and cigarettes that involve heating tobacco without combustion. (FE)

NJ A3722

Provides phased-in increases in cigarette tax rate over four-year period.