Tobacco Products Excise Tax Act

HB 2762 (Tobacco Products Excise Tax Act) extends West Virginia's existing tobacco excise tax to e-cigarettes and heated nicotine products, which were previously excluded. The bill amends tax code sections to define "heated tobacco products" and explicitly include them under the tobacco tax framework, requiring manufacturers and retailers to pay the tax on these items. This directly affects businesses selling e-cigarettes and similar products, as they must now comply with the same tax obligations as traditional tobacco products. The change updates the tax system to cover newer nicotine delivery products without altering existing tax rates or creating new revenue streams.