HB2083 Summary

• Amends Section 245-3 of Hawaii Revised Statutes to modify the excise tax rate on large cigars effective July 1, 2018

• Changes large cigar tax from a flat 50 percent of wholesale price to the lesser of either 50.00 cents per cigar or 50 percent of the wholesale price

• Establishes a $0.50 per cigar cap on the excise tax for large cigars of any length sold by wholesalers or dealers

• Takes effect on July 1, 2018