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Senate Counsel, Research and Fiscal Analysis
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Minnesota Senate Bldg.
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95 University Avenue W. Suite 3300
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St. Paul, MN 55155
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(651) 296-4791
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Alexis C. Stangl
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Director
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Senate
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State of Minnesota
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S.F. No. 849 - Premium cigar tax reduction (as proposed to be amended by the A-1 amendment)
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Author:
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Senator Warren Limmer
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Prepared By:
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Nora Pollock, Senate Counsel (651/297-8066)
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Date:
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March 7, 2017
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Under current law, the tax on premium cigars is the lesser of 95 percent of the wholesale sales price, or $3.50. This bill reduces the maximum rate of $3.50 to $0.50. As proposed to be amended, the bill retains the definition of “premium cigar” as in current law. Effective beginning July 1, 2017.
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Check on the status of this bill
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Back to Senate Counsel and Research Bill Summaries page
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Last review or update: 03/07/2017
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