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1 Definitions; Tobacco Products. Amend RSA 78:1, XIV to read as follows:
XIV. "Tobacco products'' means cigarettes, loose tobacco, smokeless tobacco, and cigars, but shall not include premium cigars.
2 Tax Imposed on Tobacco Products Other Than Cigarettes. Amend RSA 78:7-c to read as follows:
78:7-c Tax Imposed on Tobacco Products Other Than Cigarettes. A tax upon the retail consumer is hereby imposed on tobacco products other than cigarettes at a rate of 65.03 percent of the wholesale sales price. The tax under this section may be rounded to the nearest cent if the commissioner determines that the amount of tax would not thereby be made materially disproportionate. No such tax is imposed on any transactions, the taxation of which by this state is prohibited by the Constitution of the United States. No such tax shall be imposed on premium cigars.
3 Definitions; Tobacco Products. Amend RSA 175:1, LXIV-d to read as follows:
LXIV-d. "Tobacco products'' means cigarettes, loose tobacco, and smokeless tobacco, and cigars.
4 Repeal. RSA 78:1, XXI, relative to the definition of premium cigars, is repealed.
5 Effective Date. This act shall take effect July 1, 2017.
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1 Definitions; Tobacco Products. Amend RSA 78:1, XIV to read as follows:
XIV. "Tobacco products'' means cigarettes, loose tobacco, smokeless tobacco, and cigars.
2 Tax Imposed on Tobacco Products Other Than Cigarettes. Amend RSA 78:7-c to read as follows:
78:7-c Tax Imposed on Tobacco Products Other Than Cigarettes. A tax upon the retail consumer is hereby imposed on tobacco products other than cigarettes at a rate of 65.03 percent of the wholesale sales price. The tax under this section may be rounded to the nearest cent if the commissioner determines that the amount of tax would not thereby be made materially disproportionate. No such tax is imposed on any transactions, the taxation of which by this state is prohibited by the Constitution of the United States.
3 Definitions; Tobacco Products. Amend RSA 175:1, LXIV-d to read as follows:
LXIV-d. "Tobacco products'' means cigarettes, loose tobacco, smokeless tobacco, and cigars.
4 Repeal. RSA 78:1, XXI, relative to the definition of premium cigars, is repealed.
5 Effective Date. This act shall take effect July 1, 2017.