Relates to the tax on certain tobacco products.
Sponsor: Schimel / Co-sponsor(s): DenDekker, Murray, Hevesi
Law Section: Tax Law / Law: Amd S471-c, Tax L
Sponsor: Schimel / Co-sponsor(s): DenDekker, Murray, Hevesi
Law Section: Tax Law / Law: Amd S471-c, Tax L
A1093-2011 Actions
- Jan 4, 2012: referred to ways and means
- Jun 20, 2011: reported referred to rules
- Mar 2, 2011: print number 1093a
- Mar 2, 2011: amend and recommit to ways and means
- Jan 5, 2011: referred to ways and means
A1093-2011 Text
S T A T E O F N E W Y O R K
1093 2011-2012 Regular Sessions I N ASSEMBLY (PREFILED)
January 5, 2011
Introduced by M. of A. SCHIMEL -- read once and referred to the Commit tee on Ways and Means
AN ACT to amend the tax law, in relation to the tax on certain tobacco products
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM BLY, DO ENACT AS FOLLOWS:
Section 1. Paragraph (i) of subdivision (a) of section 471-c of the tax law, as amended by section 20 of part D of chapter 134 of the laws of 2010, is amended to read as follows:
(i) Such tax on tobacco products other than CIGARS, snuff and little cigars shall be at the rate of seventy-five percent of the wholesale SALE price.
S 2. Subdivision (a) of section 471-c of the tax law is amended by adding a new paragraph (iv) to read as follows:
(IV) SUCH TAX ON CIGARS SHALL BE AT THE RATE OF SEVENTY-FIVE PERCENT OF THE WHOLESALE SALE PRICE OR ONE DOLLAR PER CIGAR, WHICHEVER IS LESS.
S 3. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD01544-01-1

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