New York S02133 amends the tax law to redefine "distributor" and sets a tax rate for premium cigars.

New York S02133 amends the tax law to redefine "distributor" to exclude certain persons selling premium cigars to consumers in the state. The bill also sets the tax on premium cigars at 75% of the wholesale price or 50 cents, whichever is less, and ensures this tax is imposed only once per sale. A "premium cigar" is defined as a cigar wrapped in whole leaf tobacco, containing a 100% leaf tobacco binder, manually combined, and capped by hand, weighing more than six pounds per one thousand units.

New York S02133 amends the tax law to redefine "distributor" and sets a tax rate for premium cigars.

New York S02133 amends the tax law to redefine "distributor" to exclude certain persons selling premium cigars to consumers in the state. The bill also sets the tax on premium cigars at 75% of the wholesale price or 50 cents, whichever is less, and ensures this tax is imposed only once per sale. A "premium cigar" is defined as a cigar wrapped in whole leaf tobacco, containing a 100% leaf tobacco binder, manually combined, and capped by hand, weighing more than six pounds per one thousand units.