Taxation – Tobacco Tax, Sales and Use Tax, and Digital Advertising Gross Revenues Tax
What this bill does
Increasing certain tax rates on cigarettes and other tobacco products; imposing a sales and use tax rate of 12% on electronic smoking devices; requiring the Governor to include at least $18,250,000 in the annual budget for fiscal year 2022 and each fiscal year thereafter for certain smoking cessation activities; requiring the Comptroller to distribute certain revenue attributable to certain taxes to The Blueprint for Maryland's Future Fund; imposing a tax on certain revenues from certain digital advertising services in the State; etc.
Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.