HB2535
IntroducedMOAuthorizes a homestead tax exemption for certain veterans, and to offset lost property tax revenue, increases the cigarette tax and subjects alternative nicotine products, vapor products, tobacco paraphernalia, and hemp-derived consumable products to an excise tax
Missouri · Session 2026
Status
Introduced
As of Jan 7, 2026
Last Action
HCS Reported Do Pass (H) - AYES: 15 NOES: 1 PRESENT: 0
Official Source
Official Full Bill TextSummary
A Missouri bill reported favorably out of committee would fund a veterans' homestead tax exemption in part by imposing a new excise tax on hemp-derived consumable products alongside cigarettes and vapor products. A new excise tax on hemp consumables would increase the cost of goods for retailers and could affect wholesale pricing throughout the supply chain.
What
A Missouri bill reported favorably out of committee would fund a veterans' homestead tax exemption in part by imposing a new excise tax on hemp-derived consumable products alongside cigarettes and vapor products.
Who
retailers and cultivators
Why
A new excise tax on hemp consumables would increase the cost of goods for retailers and could affect wholesale pricing throughout the supply chain.
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