A bill has been introduced in the New Mexico legislature that would more than double the tax rate on OTP — tobacco products other than cigarettes, such as smokeless and cigars — from 25% of the product’s value to 57% of the product’s value.
Troutman Pepper Locke Tobacco Practice
Proliferation of Remote Sales from Abroad — An Unintended Consequence of the PACT Act?
The 2010 Prevent All Cigarette Trafficking (PACT) Act imposes a functional ban on remote sales of cigarettes. U.S. Mail cigarette deliveries are now prohibited.
Virginia House of Delegates Subcommittee Tables
Legislation introduced by Delegate Patrick Hope (D – Alexandria) last week, House Bill 160, was tabled by a subcommittee of the House of Delegate’s Finance Committee on Friday.
Virginia Lawmaker Introduces Legislation to Increase Excise Taxes on Cigarettes and Other Tobacco Products
Virginia Delegate Patrick A. Hope of Alexandria recently introduced legislation, House Bill 160, to significantly increase the Virginia excise taxes currently imposed on cigarettes and other tobacco products.
The Institute of Medicine Issues Recommendations for the FDA’s Regulation of MRTPs Under the Tobacco Control Act
Acting under the Tobacco Control Act’s mandate and its engagement by the FDA Center for Tobacco Products, the Institute of Medicine (“IOM”) recently released its recommended minimum standards for the regulation of modified risk tobacco products (“MRTPs”).
Florida Non-Settling Manufacturer Tax Introduced
A bill has been introduced in the Florida legislature that would impose a 52 cent per-pack tax on cigarettes manufactured by companies that have not settled tort claims with the state.
Allocable Share Legislation Introduced in Missouri
Missouri, the last remaining state in which nonparticipating manufacturers can obtain allocable share releases from their escrow payments, has again introduced legislation to repeal the release mechanism. The bill, Senate Bill 629, was introduced on January 9th.
Obama Administration Punts on Petition to Recognize E-Cigarettes as an Alternative to Smoking
U.S. Postal Service Expands Options for Tobacco Deliveries
Philip Morris Ordered to Pay Oregon over $47 Million
Ending a decade of appeals, last month, the Oregon Supreme Court ruled that Philip Morris must pay Oregon approximately $47.7 million of a $60 million punitive damages award made by a jury in March 1999.