Oregon Introduces Bill To Remove Cigar Tax Cap

The state of Oregon saw the introduction of bill HB 2158 which would remove the tax cap on cigars. Currently cigars are taxed at 65% of the wholesale price with a 50 cent cap. The new measure which had its first reading removes the cap and places the tax at 65% of the wholesale price.

The bill currently had it’s first reading on January 14th, and it currently sits on the Speakers desk awaiting referral.

A summary of the bill can be read below.

Summary of Tax Proposal by on Scribd

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