Limits "tobacco and vapor products tax" on cigars to up to $0.50 per cigar.

This bill limits the tax on cigars in New Jersey to a maximum of $0.50 per cigar, replacing the previous percentage-based tax structure for this product. It directly affects cigar manufacturers, retailers, and consumers who purchase cigars within the state. The key change specifies that the tax on cigars cannot exceed $0.50 per unit, regardless of wholesale price, while maintaining existing tax rates for other tobacco products like e-liquids and snuff. The bill amends New Jersey's tobacco tax law (P.L.1990, c.39) to clarify this cap for cigars specifically.