Bill > S00093

This bill modifies New York state tax law regarding cigars and introduces a specific definition for "premium cigars" while establishing a new tax rate for these tobacco products. The bill defines a premium cigar as a hand-rolled tobacco product made with specific characteristics, including being wrapped in whole tobacco leaf, containing long leaf tobacco, having no non-tobacco additives, and weighing more than six pounds per thousand units. The legislation sets a tax rate for cigars and premium cigars at 75% of the wholesale price or 50 cents, whichever is less, and specifies that this tax is to be imposed only once per sale. By creating a distinct category for premium cigars and establishing a specific tax structure, the bill aims to provide clearer guidelines for taxation of these tobacco products while potentially differentiating between mass-produced and artisanal cigar varieties. The tax law amendment is designed to be implemented immediately upon its passage.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/S93