New York A01363 mandates advanced security features on cigarette tax stamps to combat counterfeiting.

New York A01363 amends the tax law to introduce stringent security measures on cigarette tax stamps. These measures include the use of color-shifting dyes, unique serial numbers for each cigarette package, tamper-evident surface cuts, and stamp/meter impressions readable by scanning devices. The stamps must also be encrypted with specific information, such as the name and address of the agent affixing the stamp, the date of affixation, the stamp's denominated value, and the unique serial number.

New York A01363 mandates advanced security features on cigarette tax stamps to combat counterfeiting.

New York A01363 amends the tax law to introduce stringent security measures on cigarette tax stamps. These measures include the use of color-shifting dyes, unique serial numbers for each cigarette package, tamper-evident surface cuts, and stamp/meter impressions readable by scanning devices. The stamps must also be encrypted with specific information, such as the name and address of the agent affixing the stamp, the date of affixation, the stamp's denominated value, and the unique serial number.