A BILL TO BE ENTITLED
AN ACT to modify the tax on vapor products and the use of the tax on vapor products.
The General Assembly of North Carolina enacts:
SECTION 1.  G.S. 105‑113.35(a1) reads as rewritten:
"(a1)	Tax on Vapor Products. – An excise tax is levied on vapor products at the rate of three cents (3¢) multiplied by the percent of nicotine concentration in the consumable product and by the volume of the consumable product in milliliters, rounded down to the nearest whole cent. All invoices for vapor products issued by manufacturers must state the amount of nicotine in the consumable product in milligrams, the volume of the consumable products in milliliters, and the percent of the nicotine concentration."
SECTION 2.  This act becomes effective July 1, 2015.