Sales and Use Tax - Electronic Smoking Devices and Vaping Liquid - Maryland Pediatric Cancer Fund

HB 1576 increases the sales and use tax on electronic smoking devices and vaping liquid in Maryland, directing specific tax revenue to the Maryland Pediatric Cancer Fund. For electronic smoking devices, 10% of the tax revenue will fund the pediatric cancer program, while 30% of tax revenue from small vaping liquid containers (5ml or less) will go to the same fund. The bill establishes clear rules for using these funds - limiting administrative costs to 5% of the total and requiring all remaining funds to support pediatric cancer research grants. It also mandates annual reports to the legislature on how the fund is managed and spent, ensuring transparency. This policy directly affects retailers selling these products and the pediatric cancer research community.