Maryland Reaches Agreement on $63 Billion Budget, with New Taxes on Tobacco and Vapes

Regulations by 2FIRSTS.ai
Apr.08.2024
Maryland Reaches Agreement on $63 Billion Budget, with New Taxes on Tobacco and Vapes
Maryland Legislature reaches agreement on $630 billion budget, with new taxes on tobacco and e-cigarettes to fund education.

According to a report from TheBayNet on April 6th, the Maryland state legislature has reached a consensus on a budget exceeding $63 billion.

 

After several days of meetings and debates, the finance leaders of both chambers of the state agreed on several budget items, one of which involves tobacco products and e-cigarettes. The price of each pack of cigarettes will increase by $1.25, and the sales tax on e-cigarettes will also rise from 12% to 20%. In addition, a value-added tax on tobacco products other than cigars will increase from 53% to 60%, with this tax revenue earmarked for education spending.

 

Although the financial leaders of both houses have different plans for addressing the transportation and education costs in the state, the agreement they have reached will avoid significant tax increases.

 

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

UK disposablevapee ban survey: 85% of users switch to compliant devices, 26% turn to the illegal market
UK disposablevapee ban survey: 85% of users switch to compliant devices, 26% turn to the illegal market
New study reveals 85% of e-cigarette users switch to reusable devices, highlighting challenges in transition and increased tobacco use.
Aug.08 by 2FIRSTS.ai
Ukraine investigated over 200 cases of violations in H1 of 2025, imposing cumulative fines exceeding $60,000
Ukraine investigated over 200 cases of violations in H1 of 2025, imposing cumulative fines exceeding $60,000
Ukraine’s food safety and consumer protection authority conducted 113 inspections based on more than 200 complaints, finding violations in 82% of cases and issuing fines totalling UAH 2.4 million. Common breaches included smoking in prohibited areas, missing no-smoking signs, and tobacco advertising.
Sep.09
BBC Uncovers Dealers Selling Spice-Laced Vapes to Teens via Snapchat
BBC Uncovers Dealers Selling Spice-Laced Vapes to Teens via Snapchat
A BBC undercover investigation in Warwickshire found drug dealers using Snapchat to sell vapes laced with spice (a potent, addictive drug) to teenagers, falsely claiming they contained THC (cannabis-derived). The operation, which involved a reporter posing as a schoolgirl, confirmed the vapes contained spice. Two mothers highlighted their 13-year-old daughters’ addiction to such products, with severe effects including collapses and traumatic withdrawal.
Sep.08
Yinghe Technology's Sikary reports revenue of 1.274 billion yuan in 2025 first half, with net profit of 3.20 billion yuan
Yinghe Technology's Sikary reports revenue of 1.274 billion yuan in 2025 first half, with net profit of 3.20 billion yuan
Yinghe Technology's subsidiary Sikary reports 12.74 billion yuan in revenue and 3.20 billion yuan in net profit.
Aug.25 by 2FIRSTS.ai
SKE Launches New CL2000 Refillable Pod Vape in the UK with 1.8mL + 2.2mL Dual-Pod Design
SKE Launches New CL2000 Refillable Pod Vape in the UK with 1.8mL + 2.2mL Dual-Pod Design
The SKE CL2000 e-cigarette features a dual-pod setup combining 1.8mL and 2.2mL capacities, delivering a total of 2,000 puffs. The brand claims it is equipped with a “plug-and-play pod system with auto-refill technology.” The product has been listed with the UK’s Medicines and Healthcare products Regulatory Agency (MHRA) and will soon be available through UK distributors at a retail price of around £10.99.
Aug.14 by 2FIRSTS.ai
2Firsts Interviews ASDF on Malaysia’s Vape Ad Ban, Total Prohibition Plans, and What’s Next
2Firsts Interviews ASDF on Malaysia’s Vape Ad Ban, Total Prohibition Plans, and What’s Next
Malaysia’s Vape Market in Turmoil.Since the implementation of Act 852, Malaysia’s e-cigarette sector has been undergoing intense upheaval. From stricter compliance inspections and a full advertising ban to a proposal for a complete sales prohibition, a regulatory storm is reshaping the industry landscape.2Firsts talks with leading local brand ASDF to learn how it is responding to challenges and laying out a compliance roadmap in the current policy environment.
Aug.14