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New York policy

A5284: Relates to excise taxes on premium cigars

NY Assembly · Sponsor Philip Ramos

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Jurisdiction
New York State
Applies to
New York State (proposed)
Effective
March 11, 2026

What it requires

Provides that certain persons shall not be deemed a distributor for certain sales of premium cigars; provides that the tax on premium cigars shall be at the rate of seventy-five percent of the wholesale price or fifty cents, whichever is less, and is intended to be imposed only once upon the sale of any premium cigars; defines "premium cigar".

ny-stateassemblylegislationbill

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