Amends existing law to provide for a tobacco tax cap of fifty cents per cigar.

This legislation, in making amendments to Sections 63-2552 and 63-2552A, Idaho code, along with removing obsolete language and making technical corrections, will make the retail sale of cigars in Idaho more competitive with neighboring states, and the internet. All tobacco products in Idaho are taxed on the wholesale sales price at 35%, with an additional 5% tax. All tobacco products, excluding cigars, will continue being subject to this 40% tax on the wholesale price, with cigars being capped at a tax of 0.50 cents per cigar.