State House committee pushes for new tax on vaping products

A key Georgia House committee approved a 7% tax on vaping products Wednesday but declined to take on a hike in tobacco taxes.

Vaping products could be taxed at as much as 7% of the wholesale price, depending on the type of device. That would add about $6 million per year to the state’s general fund, according to the Georgia Budget and Policy Institute.

The rate is designed to be similar to the 37-cent tax for tobacco products, said Rep. Bonnie Rich, a Suwanee Republican. 

Read the full article here.

Support GBPI Today

The Georgia Budget & Policy Institute is a 501(c)3 organization. We depend on the support of donors like you. Your contribution makes the work that we do possible.

Related Posts

Leave a Comment

Your email address will not be published. Required fields are marked *

GBPI Has New Data on Federal Policy

GBPI is committed to tracking how the state of Georgia raises and spends fiscal resources. As the federal government has promised and provided some of these, cuts to programs and funding on the federal level could have deep and lasting impacts on Georgians and on the state’s ability to meet the needs of all its residents. 

Submit your comment on the Georgia Pathways to Coverage Program

Submit public comment on Georgia’s Pathways to Coverage program extension by February 20th – just complete this easily fillable form: