House Republicans vote to hike Indiana cigarette tax by 50 cents per pack
The Republican-controlled Indiana House has approved a two-year state budget proposal that, among other provisions, increases the state's cigarette tax by 50 cents per pack, and imposes a new 10% sales tax surcharge on vaping products.
Under House Bill 1001, the tax hikes on smoking and vaping would take effect July 1, if they are not removed by the Republican-controlled Senate and are signed into law by Republican Gov. Eric Holcomb.
Cigarettes sold in Indiana still would be a comparative bargain even after adding 50 cents to the state's current $1 per pack cigarette tax.
Indiana's proposed new cigarette tax rate of $1.50 per pack is lower than Illinois' $2.98 per pack cigarette tax, and cigarettes sold in Cook County ($3) and Chicago ($1.18) are subject to additional local taxes on every pack sold in those jurisdictions.
Read more: https://www.nwitimes.com/news/local/govt-and-politics/house-republicans-vote-to-hike-indiana-cigarette-tax-by-50-cents-per-pack/article_cc1acd82-5bf1-50ec-8f88-11480ed35caa.html
(Northwest Indiana Times)
