Creates the Prohibition of Nicotine Sales Near Schools Act. Provides that, by January 1, 2026, every municipality shall regulate within its territorial limits, the retail sale of nicotine-containing products near schools and day care centers. Provides that, by January 1, 2026, every county shall regulate, within its territorial limits but outside of the territorial limits of any municipality, the retail sale of nicotine-containing products near schools and day care centers. Provides that if a county or municipality does not adopt regulations governing the retail sale of nicotine-containing products near a school or day care center before January 1, 2026, then the Department of Revenue is prohibited from granting licenses for distributors or retailers that would permit the retail sale of nicotine-containing products within 1,000 feet of a school or day care center in the municipality and the territorial limits of a county that are outside of the territorial limits of any municipality. Limits home rule powers. Effective immediately.