Maryland Governor Wes Moore Signs 2024 Budget Coordination and Financing Act

Regulations by 2FIRSTS.ai
Jun.14.2024
Maryland Governor Wes Moore Signs 2024 Budget Coordination and Financing Act
Maryland Governor Wes Moore signed the 2024 Budget Coordination and Financing Act, increasing tobacco taxes and e-cigarette sales tax.

According to Wbaltv on June 13, Wes Moore, the Governor of Maryland, signed the 2024 Budget Coordination and Financing Act on May 16.

 

The bill stipulates that, in addition to other provisions, the consumption tax on cigarettes and the tax on wholesale prices of other tobacco products will increase. In addition, the bill also raises the sales and usage tax rates on e-cigarette devices, including e-cigarette liquid sold in containers containing more than 5 milliliters of e-liquid. The taxes on cigars and pipes, as well as containers with 5 milliliters or less of e-liquid, will not change.

 

The new tobacco product tax rates in the state are as follows:

 

Each pack of 20 cigarettes will increase by $1.25, with an additional $5 in taxes levied on each pack.

 

For each pack of cigarettes containing more than 20 sticks, the price increases by nearly 8 cents per stick, making the cost of each cigarette 25 cents.

 

Wholesale prices for other tobacco products (excluding pipe tobacco and cigars) have increased by 7% to 60% of the original price.

 

Sales and usage taxes on e-cigarette devices containing over 5 milliliters of e-liquid have been increased by 8%, bringing the total tax to 20%.

 

We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn


Notice

1.  This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2.  The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3.  This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

4.  Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

 

Copyright

 

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

 

AI Assistance Disclaimer

 

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

Russia’s State Duma May Soon Consider Full Ban on Vape Sales
Russia’s State Duma May Soon Consider Full Ban on Vape Sales
Russia’s State Duma will soon consider a proposal to impose a complete ban on the sale of vapes. The move follows President Vladimir Putin’s endorsement of a nationwide prohibition. Lawmaker Aleksey Volotskov said vape use has surged by 52% since early 2025, with illegal products now dominating 80% of the market.
Nov.11 by 2FIRSTS.ai
Philip Morris Korea Launches IQOS ILUMA Capsule Stick “TEREA Riviera Pearl,” Unveils New Packaging Design
Philip Morris Korea Launches IQOS ILUMA Capsule Stick “TEREA Riviera Pearl,” Unveils New Packaging Design
Philip Morris Korea announced it will launch TEREA Riviera Pearl, a capsule-tipped stick designed exclusively for the IQOS ILUMA series, on the 22nd. The new product opens with a cooling profile and, once the capsule is pressed, shifts instantly to a fresher, more vibrant taste—targeting adult users who prefer “cooling + capsule flavor-switching.”
Sep.22 by 2FIRSTS.ai
Yekaterinburg shuts down illegal e-cigarette oil factory; Russia plans to ban e-cigarette sales
Yekaterinburg shuts down illegal e-cigarette oil factory; Russia plans to ban e-cigarette sales
An illegal e-cigarette oil factory was shut down in Yekaterinburg, Russia. The illegal e-cigarette oil was produced under unsanitary conditions, with falsified addresses and production dates on product labels. Some of the employees were hearing-impaired. The Russian government plans a complete ban on e-cigarette sales, which has received support from the president.
Sep.30 by 2FIRSTS.ai
UK’s Nationwide Crackdown Seizes 111,000 Illegal Vapes in “Machinize 2” Operation
UK’s Nationwide Crackdown Seizes 111,000 Illegal Vapes in “Machinize 2” Operation
UK police have carried out a nationwide crackdown under Operation Machinize 2, targeting illegal vapes, counterfeit goods, and grey-market businesses. Raids on more than 2,700 premises led to 924 arrests and the seizure of 111,000 illegal vapes, 70kg of cannabis, 4.5m cigarettes, and £10.7m in proceeds.
Nov.11 by 2FIRSTS.ai
Research shows that nearly 40% of college students in the UAE use e-cigarettes, ranking first among Arab countries
Research shows that nearly 40% of college students in the UAE use e-cigarettes, ranking first among Arab countries
UAE university students' e-cigarette usage rate is highest among 5 Arab countries, citing accessibility, flavors, marketing, and income.
Sep.24 by 2FIRSTS.ai
PMI: Illicit Trade in Smoke-Free Products in the Philippines Could Reach 80%; Major Gap Between China’s Exports and PH Imports
PMI: Illicit Trade in Smoke-Free Products in the Philippines Could Reach 80%; Major Gap Between China’s Exports and PH Imports
At the Financial Times Illicit Trade Forum in Taguig City, Rodney Van Dooren, Regional Illicit Trade Expert at Philip Morris International (PMI), said illicit consumption of smoke-free products (including e-cigarettes) in the Philippines “could be as high as 80%.” He cited a large discrepancy between China’s e-cigarette export figures and the Philippines’ official import data, suggesting significant volumes are entering outside formal channels.
Sep.22 by 2FIRSTS.ai