New York City Mayor Bill de Blasio signed legislation Monday aimed to reduce smoking that raises the minimum price of cigarettes to $13.00, the highest in the United States.
De Blasio signed a seven-bill package with the stated goal of reducing the number of smokers in New York City by nearly 200,000 by the year 2020, NBC New York reported.
The bills, which will go into effect June 1, raise the current price floor of $10.50 to $13.00. The elevated price floor is projected to lead to a 6.4 percent decrease in adult cigarette smoking. The legislation will also generate a revenue of $1 million annually for public housing as a result of a 10 percent tax on the minimum price of other tobacco products.
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