Senate introduces bill to cap premium cigar excise tax at 20%
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.
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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.
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