TAX/EXCISE: Continues a portion of the excise tax levied on cigarettes in statute (EN SEE FISC NOTE GF RV See Note)

Added a 75% tax reduction for modified risk tobacco products issued a risk modification order by the FDA.

Reorganized the cigarette tax structure by removing intermediate tax tiers (Paragraphs 4, 5, and 6) and consolidating the constitutional tax surcharge into a single paragraph.

Removed specific tax rate paragraphs that created a graduated tax system based on cumulative levies.

Added a new definition for 'Brand family' referencing R.S. 13:5072 and renumbered existing definitions.

Changed the document header from 'ENROLLED' to 'ORIGINAL' and updated page counts to reflect the draft version.

The excise tax on cigarettes was increased from 16/20 cents to 7/20 cents per cigarette.

The definition of 'wholesale dealers' was updated to include persons who acquire cigarettes solely for resale in vending machines if they service 50 or more machines.

Administrative headers, bill numbers, and session identifiers were removed as part of the transition from a reengrossed draft to the final enrolled version.

Added a new tax line item of five-twentieths of one cent per cigarette that must be deposited into the Health Excellence Fund.

Refined the definition of 'vapor products' to explicitly list electronic pipes and similar devices while clarifying that they do not include standard cigarettes.

Established a specific effective date of July 1, 2025, for the provisions of the act.

Removed references to reduced tax rates for modified risk tobacco products and the previous 'Engrossed' status.