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Senate introduces bill to cap premium cigar excise tax at 20%
Summary
Senate Bill 56, introduced Jan. 17, 2025, would cap the statutory excise tax on premium cigars at 20%; the measure was introduced and referred to the Finance Committee with no immediate debate or vote.
Senate Bill 56, which would cap the statutory excise tax on premium cigars at 20%, was introduced in the Senate on Jan. 17, 2025, Senator Sullivan announced during the chamber's morning session.
The bill, identified on the floor as Senate Bill 56, was read for introduction and placed in the Finance Committee for consideration. No floor debate or vote on the bill took place during the session; committee referral was announced on the floor.
Senator Sullivan, who introduced the measure, also used a moment of personal privilege to mark the 12th anniversary of the Aurora theater shooting that killed her son. "Trauma, grief, pain lives in us every single day,"…
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