Relating to inhalant-form nicotine; prescribing an effective date; providing for revenue raising that requires approval by a three-fifths majority.

Imposes tax on wholesale sale of inhalant-form nicotine based on percentage of wholesale price. Provides that person may not make wholesale sale of inhalant-form nicotine unless premises at which inhalant-form nicotine is received, stored or delivered is licensed. Establishes licensing program within Department of Revenue. Provides that licensing provisions become operative January 1, 2018. Applies to inhalant-form nicotine sold after January 1, 2018. Takes effect on 91st day following adjournment sine die.