Modifies tax rate on certain nicotine products.

This bill increases tax rates on cigarettes, liquid nicotine, and container e-liquid in New Jersey. It raises the cigarette tax from $0.135 to $0.15 per cigarette (or $2.70 to $3.00 per pack), increases the liquid nicotine tax from $0.10 to $0.30 per milliliter, and raises the container e-liquid tax from 10% to 30% of retail price. The bill requires businesses to file inventory reports and pay the higher tax rates on existing inventories when the changes take effect on August 1, 2025. It also dedicates $2 million annually from these new tax revenues to the Health Care Subsidy Fund, which supports healthcare programs.