Taxes, Tobacco, Tobacco Products - As introduced, requires cigarettes that are defined as heated tobacco products to be taxed at a rate of 0.15 cents per cigarette. - Amends TCA Title 67, Chapter 4.

HB 987 amends Tennessee's tobacco tax code to define heated tobacco products (like devices that heat tobacco without combustion) as "cigarettes" for tax purposes. It sets a specific tax rate of 0.15 cents per heated tobacco cigarette, separate from the standard 3-cent tax on regular cigarettes. This bill directly affects manufacturers and retailers of heated tobacco products by requiring them to pay this lower tax rate instead of the standard cigarette tax. The change would apply to products meeting the new definition, such as certain electronic nicotine delivery systems.