Rep. Jim Wayne, D-Jefferson, has introduced H.B. 220, a bill that makes adjustments to a wide range of taxes in the Commonwealth of Kentucky, including premium cigar taxes.
Wayne’s proposal would see taxes increase to 40 percent the wholesale cost, up from the current rate of 15 percent. Currently, nine other representatives have co-sponsored H.B. 220, but it remains unclear how realistic passing the Democratically-controlled House or the Republican-controlled Kentucky Senate.
Any bill of this size is likely to go through substantial modification before it passes.