Cigarette tax.

HB 296 increases Wyoming's cigarette tax rate from $0.024 to $0.049 per cigarette. It requires wholesalers to pay tax on existing cigarette inventory (floor stock) at the new rate, with payments due in three installments over two months. The bill's effective date depends on either a tribal tax agreement with the Eastern Shoshone and Northern Arapaho Tribes or July 1, 2021, whichever occurs first. This directly affects cigarette wholesalers who must adjust to the higher tax on both new and existing stock.