SCHIP Signed into Law by President     February 5th, 2009

Legislation Takes Effect April 1, 2009

February 4, 2009 - Following a long, drawn-out political fight started in 2007, President Obama signed into law the State Children’s Health Insurance Program (SCHIP) renewal and expansion bill. In order to avoid further delay, the House of Representatives voted to accept the Senate’s amendment to the SCHIP bill.

There will be no floor tax on “large cigars” (weighing three pounds or more per 1,000 cigars (this includes most premium cigars). Despite strong lobbying efforts, the floor tax remains in effect for all other tobacco products. The new federal excise tax rates to take affect April 1, 2009 are as follows:

Cigarettes $1.0066/pack
Large Cigars 52.75%
Snuff $1.51/lb.
Chew $.5033 cents/lb.
Pipe Tobacco $2.8311/lb.
RYO $24.78/lb.
Little Cigars $50.00/1,000


International Premium Cigar & Pipe Retailers Association (IPCPR)

Chris McCalla
Legislative Director

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One Response to “SCHIP Signed into Law by President”

  1. [...] on tobacco. As if all the anti-smoking laws that get passed every day are not enough, and then S-CHIP on April 1st, now we have various states increasing taxes on tobacco, including pipe [...]





 

 


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