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Taxes

Delaware Bill That Would Cut State Tax Rate in Half Clears House Committee

Roughly 10 months after the bill was passed by the Senate, a Delaware House committee finally cleared S.B. 131.

Indiana House of Representatives Strips Cigar Tax Cap from Bill, Heads Back to Senate (Update)

Correction: This article initially reported that the cigar tax cap had been included in the bill passed by the House. However, it was stripped from the…

Mississippi Tobacco Tax Increase Bill Dies in Committee

This week, a bill in the Mississippi House of Representatives seeking to raise the tax on tobacco products other than cigarettes died in committee. The…

Indiana Bill With Cigar Tax Cap Passes Senate

Premium cigars sold in Indiana could be getting a bit cheaper, as a bill that includes a $0.72 tax cap passed the state Senate by…

Mississippi Legislator Files Bill to Increase State’s Tobacco Tax

A bill introduced into the Mississippi House of Representatives this week is seeking to raise the state’s tobacco taxes from 15 percent of the wholesale…

Massive Cigar Tax Hike Proposed in New Mexico

A new bill introduced in the New Mexico House of Representatives would dramatically increase the cost of cigars by more than tripling the tax on…

North Carolina Cigar Tax Cap Signed Into Law

Beginning July 1, 2022, cigar shoppers in North Carolina will likely begin to see lower prices for the cigars they buy. Last night, Gov. Roy…

Michigan’s Governor Signs Permanent Cigar Tax Cap Into Law

On Thursday, Michigan Gov. Gretchen Whitmer signed HB 4485 into law, a bill that will permanently extend the state’s current 50-cent cap, which in turn…

Michigan Senate Approves Cap on Cigar Tax

A proposed permanent cap on the cigar tax in Michigan took a big step forward this week, as the Michigan State Senate gave its approval…

$96 Billion Tobacco Tax Hike Removed from Build Back Better Act Draft

The most recent version of the $1.75 trillion reconciliation bill, known as the Build Back Better Act, does not include an increase on taxes for…

PCA Sends Letter to White House Objecting to Proposed $96 Billion Tobacco Tax Hikes

The Premium Cigar Association (PCA) has sent a letter to the White House objecting to the tobacco taxes included in the Build Back Better Act,…