A bill in Maryland could remove the tax on premium cigars in the state of Maryland.
Currently, the tax on premium cigars is 15 percent in the state of Maryland. S.B. 826 would remove the tax on premium cigars, though leave in place the 70 percent tax on non-premium cigars. Per halfwheel estimates, a cigar with an MSRP of $9.50 likely retails for around $10.93 before sales tax in the state of Maryland.
Sen. Andrew Serafini, R-Williamsport, has introduced the bill. A hearing is scheduled for Friday.