By Timothy S. Donahue
Top Takeaways:
- New tax plan: Iowa will direct vape and nicotine pouch tax revenue toward pediatric cancer research.
- Funding target: The first $3 million collected annually will support research and clinical trials at the University of Iowa.
- Industry impact: The legislation adds to the growing trend of states expanding taxation on modern oral nicotine and vaping products.
Governor Kim Reynolds is set to sign a bill into law next week that would allocate funds from vape and nicotine sales to support pediatric cancer research at the University of Iowa.
Her office says she’ll sign the legislation in Iowa City on Tuesday.
Lawmakers passed legislation establishing a new tax on vape products and nicotine pouches. Starting next year, the first $3 million collected each year will go to research, future treatments, and clinical trials for children fighting cancer.
