MONTPELIER, Vt. (AP) — Vermont lawmakers have snuffed out a proposed $1-a-pack boost in the state tax on cigarettes.

After giving preliminary approval Thursday to a state budget that relies partly on revenue from it, the Vermont Senate voted 16-14 to defeat the tax, which supporters say would have raised $9 million annually.

Critics said boosting the tax by that much would send cigarette smokers to New Hampshire to buy and would stop the flow of New Yorkers who go to Vermont to buy cigarettes.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.