New York A 3376: Relates to excise taxes on premium cigars

Bill Text

STATE OF NEW YORK
________________________________________________________________________
3376--A
2023-2024 Regular Sessions
IN ASSEMBLY
February 2, 2023
___________
Introduced by M. of A. WOERNER, STECK, FAHY, VANEL, MCGOWAN, FLOOD,
MANKTELOW, RAMOS, McDONALD, ZEBROWSKI, GRAY, GALLAHAN, BRABENEC,
CUNNINGHAM -- read once and referred to the Committee on Ways and
Means -- committee discharged, bill amended, ordered reprinted as
amended and recommitted to said committee
AN ACT to amend the tax law, in relation to excise taxes on premium
cigars; and providing for the repeal of such provisions upon expira-
tion thereof
The People of the State of New York, represented in Senate and Assem-
bly, do enact as follows:
1 Section 1. Section 470 of the tax law is amended by adding a new
2 subdivision 22 to read as follows:
3 22. "Premium cigar." A cigar that:
4 (a) is wrapped in whole leaf tobacco; and
5 (b) contains a one hundred percent leaf tobacco binder; and
6 (c) is made by manually combining the wrapper, filler, and binder; and
7 (d) has no filter, tip, or non-tobacco mouthpiece and is capped by
8 hand; and
9 (e) weighs more than six pounds per one thousand units.
10 § 2. Paragraph (a) of subdivision 1 of section 471-b of the tax law,
11 as amended by section 18 of part D of chapter 134 of the laws of 2010,
12 is amended to read as follows:
13 (a) Such tax on tobacco products other than snuff andpremium cigars,
14 little cigars shall be at the rate of seventy-five percent of the whole-
15 sale price, and is intended to be imposed only once upon the sale of any
16 tobacco products other than snuff and little cigars.premium cigars,
17 § 3. Subdivision 1 of section 471-b of the tax law is amended by
18 adding a new paragraph (d) to read as follows:
19 (d) Such tax on premium cigars shall be at the rate of seventy-five
20 percent of the wholesale price or fifty cents, whichever is less, and is
21 intended to be imposed only once upon the sale of any premium cigars.
22 § 4. This act shall take effect immediately and shall expire and be
23 deemed repealed 3 years after such date.
EXPLANATION--Matter in (underscored) is new; matter in bracketsitalics
[ ] is old law to be omitted.
LBD06291-03-3