Heated tobacco; definitions, tax levied.

Heated tobacco; taxation. Redefines "cigarette" for state cigarette tax purposes to include any product containing nicotine that is intended to be burned or heated under ordinary conditions of use, and heated tobacco products. Under current law, heated tobacco products are distinct from cigarettes for the purpose of taxation. The bill also subjects such cigarettes intended to be heated to an excise tax of 2.25 cents per cigarette on and after July 1, 2021, and subjects other cigarettes to an excise tax of three cents on and after July 1, 2020. Under current law, heated tobacco products are subject to the tobacco products tax at such rate.