Maryland Governor Wes Moore Signs 2024 Budget Coordination and Financing Act

Regulations by 2FIRSTS.ai
Jun.14.2024
Maryland Governor Wes Moore Signs 2024 Budget Coordination and Financing Act
Maryland Governor Wes Moore signed the 2024 Budget Coordination and Financing Act, increasing tobacco taxes and e-cigarette sales tax.

According to Wbaltv on June 13, Wes Moore, the Governor of Maryland, signed the 2024 Budget Coordination and Financing Act on May 16.

 

The bill stipulates that, in addition to other provisions, the consumption tax on cigarettes and the tax on wholesale prices of other tobacco products will increase. In addition, the bill also raises the sales and usage tax rates on e-cigarette devices, including e-cigarette liquid sold in containers containing more than 5 milliliters of e-liquid. The taxes on cigars and pipes, as well as containers with 5 milliliters or less of e-liquid, will not change.

 

The new tobacco product tax rates in the state are as follows:

 

Each pack of 20 cigarettes will increase by $1.25, with an additional $5 in taxes levied on each pack.

 

For each pack of cigarettes containing more than 20 sticks, the price increases by nearly 8 cents per stick, making the cost of each cigarette 25 cents.

 

Wholesale prices for other tobacco products (excluding pipe tobacco and cigars) have increased by 7% to 60% of the original price.

 

Sales and usage taxes on e-cigarette devices containing over 5 milliliters of e-liquid have been increased by 8%, bringing the total tax to 20%.

 

We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn


Notice

1.  This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2.  The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3.  This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

4.  Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

 

Copyright

 

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

 

AI Assistance Disclaimer

 

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

The top five states for e-cigarette use among U.S. youth are released. West Virginia and other states rank in the top five for e-cigarette use among youth.
The top five states for e-cigarette use among U.S. youth are released. West Virginia and other states rank in the top five for e-cigarette use among youth.
West Virginia leads U.S. with 27.5% of teens using e-cigarettes, surpassing national average, facing illegal sales accusations.
Sep.16 by 2FIRSTS.ai
Philippines police seize $200k worth of illegal e-cigarette products, arrest 2 suspects
Philippines police seize $200k worth of illegal e-cigarette products, arrest 2 suspects
Philippine police in Cavite seize $200,000 worth of illegal e-cigarette products, arresting two suspects. Crackdown on smuggling intensifies.
Oct.13 by 2FIRSTS.ai
Russia plans to introduce a bill to crack down on e-cigarette sales, with individual fines of up to $20,000
Russia plans to introduce a bill to crack down on e-cigarette sales, with individual fines of up to $20,000
Russia is preparing a bill to crack down on the sale of e-cigarettes. The bill would impose fines of up to 200,000 rubles (approximately $2,406) for the retail and wholesale sale of e-cigarettes, with fines of up to 2 million rubles (approximately $20,000) for businesses. The bill aims to fill gaps in the definition of e-cigarettes in existing laws and curb their popularity among youth to protect public health.
Sep.17 by 2FIRSTS.ai
China's e-cigarette exports reach $936 million in August 2025, up 5.27% from July
China's e-cigarette exports reach $936 million in August 2025, up 5.27% from July
China's e-cigarette export trade increased by 5.27% in August 2025, reaching $936 million, driven by strong performance in the US.
Sep.25 by 2FIRSTS.ai
Bavaria in Germany plans to regulate e-cigarettes, heated tobacco, and hookahs as strictly as cigarettes
Bavaria in Germany plans to regulate e-cigarettes, heated tobacco, and hookahs as strictly as cigarettes
The Christian Social Union (CSU) in Bavaria, Germany, plans to amend the Health Protection Act to subject e-cigarettes, hookahs, and heated tobacco devices to the same stringent regulations as conventional cigarettes. These products will be completely banned in restaurants, schools, and other public places. The Green Party has welcomed this initiative, emphasizing the importance of protecting children and adolescents from nicotine addiction.
Aug.22 by 2FIRSTS.ai
Company | PMI Survey: 60% of U.S. Voters Support a “New Path” for Tobacco Control, Backing Policies that Encourage Switching to Lower-Risk Alternatives
Company | PMI Survey: 60% of U.S. Voters Support a “New Path” for Tobacco Control, Backing Policies that Encourage Switching to Lower-Risk Alternatives
An article on Philip Morris International’s (PMI) website indicates that U.S. likely voters generally hold reserved or negative views of the FDA’s performance on public health and tobacco regulation, with only about 36% expressing approval. Two nationwide polls show that more than six in ten respondents support reducing smoking rates through new approaches rather than relying solely on higher taxes and restrictions; over half support policies that encourage adult smokers to switch to non-combust
Sep.03 by 2FIRSTS.ai