Initiated Statutory Constitutional Measure No. 4 was placed on the ballot by petitions circulated by a sponsoring committee. If approved, it would provide for a new veterans’ tobacco tax trust fund in North Dakota Century Code Chapter 37-14 to fund certain veterans’ programs. This fund, among others, would be supported by an increase in the excise tax on cigarettes from $0.44 to $2.20 per package of twenty cigarettes, as well as an increase in the excise tax on cigars from 28% to 56% of the wholesale purchase price at which the product is purchased by distributors. The excise tax on all other tobacco products is increased a commensurate amount. The measure also would create an inventory tax on cigarettes and tobacco products. All revenues received by the tax commissioner under this measure would be allocated among the State’s general fund, the veterans’ tobacco trust fund, and the community health trust fund. The measure would create and amend provisions in Chapter 57-36, including new definitions for inhalation devices, liquid nicotine, and tobacco products; prohibiting retailers from being distributors and requiring distributors to keep additional records; setting requirements for registration of liquid nicotine retailers; and regulating the alteration of liquid nicotine. Finally, the measure would repeal two provisions of current law related to an excise tax on cigarettes and the exemption for taxes on cigarettes and tobacco products given to occupants of the State’s veterans’ home and the state hospital.