Synopsis As Introduced Creates the Vapor Products Regulatory Act. Provides for the licensing and regulation of vapor products by the Department of Revenue. Sets requirements for licensure, including qualifications and disqualifications, and sets an annual licensing fee of $75. Provides for appeals from licensing decisions made by the Department of Revenue. Provides that persons licensed as retailers under the Cigarette Tax Act need not obtain a license under the Vapor Products Regulatory Act to sell vapor products. Defines terms. Amends the Prevention of Tobacco Use by Minors and Sale and Distribution of Tobacco Products Act to exclude vapor products from the definition of "alternative nicotine product". Amends the State Finance Act to create the Vapor Products Compliance Fund. Effective January 1, 2018.
Replaces everything after the enacting clause. Reinserts the provisions of the introduced bill with changes. Changes references to "retailer" to "retailer of vapor products". Provides that a person or business that is subject to the Cigarette Tax Act, the Tobacco Products Tax Act of 1995, the Prevention of Tobacco Use By Minors and Sale and Distribution of Tobacco Products Act, the Display of Tobacco Products Act, or the Compassionate Use of Medical Cannabis Pilot Program Act is not considered a retailer of vapor products. Provides that the license fee shall be deposited into the Tax Compliance and Administration Fund (in the introduced bill, the Vapor Products Compliance Fund). Removes provisions providing that retailers must have minimum age training programs. Makes changes concerning records. Effective January 1, 2018.
Fiscal Note, House Committee Amendment No. 1 (Dept. of Revenue)
License fees are likely to generate on average between $10,000 and $100,000 annually. Background checks for license applications are likely to be a onetime cost of between $9,000 and $90,000. Additional personnel needed to administer this act are likely to cost $180,000 annually.