A 3722
Provides phased-in increases in cigarette tax rate over four-year period.
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Sign in to take action- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill proposes a gradual increase in the cigarette tax rate in New Jersey over a four-year period, starting in 2024. The tax rate will increase in stages, reaching $0.20 per cigarette by July 1, 2027. Licensed retailers and wholesalers will be required to file reports detailing their cigarette inventory and tax payments according to a specific schedule. The additional revenue generated by this tax increase will go into the state’s general fund, with existing allocations for smoking cessation programs and hospital subsidies remaining unchanged.
Sponsors
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Primary sponsor
Alixon Collazos-Gill
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