Virginia State Legislation Proposes New E-cigarette Regulations and Taxes

Regulations by 2FIRSTS.ai
Mar.05
Virginia State Legislation Proposes New E-cigarette Regulations and Taxes
Virginia lawmakers are set to propose two bills and a new e-cigarette tax policy in 2024, sparking controversy.

According to a report by Virginia Public Broadcasting on March 1st, the Virginia state legislature is set to introduce two bills and a new e-cigarette product tax policy in 2024. This news has caught the attention of e-cigarette shop owner Michael Midgette, who owns a shop called Capital Smoke in Richmond.

 

According to reports, one of the most impactful measures among these bills is the creation of a new state regulatory agency that would only allow the sale of products approved by the FDA (Food and Drug Administration). Co-sponsor of the proposal, Representative Rodney Willet of Henrico County, stated, "This is an important step in addressing the issue of children using e-cigarettes." However, Mike Jet, on the other hand, believes that the popularity of the e-cigarette industry makes it difficult for any one brand to stay in favor. He said, "This is a constantly evolving business. Maybe everyone wants this brand now, but a few months later people want something different, so you have to sell what's popular." Mike Jet dismissed the FDA's approval requirement, stating that products approved by the federal government represent a collection of low-quality brands that no one is interested in.

 

Another bill introduced by Alfanso Lopez would prohibit any new stores from opening within 1000 feet of schools or daycare centers. However, Meagher noted that these e-cigarette shops are prevalent throughout Virginia.

 

Majet also pointed out that Lopez's bill divides convenience stores and gas stations. He wondered if this was related to the sale of e-cigarettes, stating, "If you make exceptions, you are simply trying to prevent a store you do not like from operating, which is not a good practice in a free market." However, Lopez emphasized that the focus of the new rule is to address public health issues, especially in light of increased restrictions on e-cigarettes by the World Health Organization.

 

The last item on the list is the proposal to impose a nicotine tax of six cents per million on e-cigarette products in the state Senate budget. This tax has received bipartisan support, particularly from Republican Robert Bloxom on the East Coast. He had suggested imposing a new tax on the product to local authorities, but it was rejected earlier in the meeting.

 

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