Modifies tax rate on certain tobacco and nicotine products.

This bill amends New Jersey's tobacco tax laws to update definitions of key terms related to tobacco and nicotine products. It directly affects manufacturers, distributors, retailers, and consumers by clarifying how various products like electronic smoking devices, liquid nicotine, and oral nicotine pouches are classified. The legislation does not change existing tax rates but instead modifies the legal framework to ensure these newer nicotine products are properly categorized under current tax statutes. By updating definitions of terms such as "tobacco product" and "vapor business," the bill aims to align state regulations with evolving nicotine delivery methods.