IL SB3400

Caps the tax on cigars and other rolled tobacco products at $0.50 per cigar or roll, effective January 1, 2019.

Imposes an additional surtax of $0.25 per cigar or rolled tobacco product from January 1, 2019 through December 31, 2021 on products that would have been taxed at $0.75 or more under prior law.

Directs all revenue from the additional surtax to the General Revenue Fund of the State.

Applies to all cigars and rolled tobacco products sold or disposed of in Illinois, with the surtax collected and administered by the Department in the same manner as the existing tobacco tax.

Takes effect January 1, 2019.