Bill
Bill > S1775
NJ S1775
Limits "tobacco and vapor products tax" on cigars to up to $0.50 per cigar.
summary
Introduced
02/28/2022
02/28/2022
In Committee
02/28/2022
02/28/2022
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
Limits "tobacco and vapor products tax" on cigars to up to $0.50 per cigar.
AI Summary
This bill limits the "tobacco and vapor products tax" on cigars to up to $0.50 per cigar. It amends the existing law to specify that the 30 percent tax on the wholesale price of tobacco products does not apply to cigars, which will instead be subject to a maximum tax of $0.50 per cigar. The bill also clarifies the provisions related to the compensating use tax that retail dealers or consumers must pay if the distributor or wholesaler fails to pay the applicable tax.
Committee Categories
Health and Social Services
Sponsors (3)
Last Action
Introduced in the Senate, Referred to Senate Health, Human Services and Senior Citizens Committee (on 02/28/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://www.njleg.state.nj.us/bill-search/2022/S1775 |
BillText | https://www.njleg.state.nj.us/Bills/2022/S2000/1775_I1.HTM |
Bill | https://www.njleg.state.nj.us/Bills/2022/S2000/1775_I1.PDF |
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