Increases the state excise tax on cigarettes in New York.
The bill amends the tax law to increase the state excise tax on cigarettes. The tax rate is set at six dollars and twenty-four cents for each twenty cigarettes or fraction thereof. This tax applies to all cigarettes sold within the state, except for those sold under specific circumstances exempt from taxation. The bill also details the tax rate for packages containing more than twenty cigarettes.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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