Mayor Michael Bloomberg bill would set minimum price on cigarettes

March 27, 2013 3:35:53 PM PDT
New York City Mayor Michael Bloomberg's newest health campaign is to guarantee that anyone who buys a pack of cigarettes really gets to see their money go up in smoke.

Bloomberg is calling for the city to establish a minimum price of $10.50 for a pack of cigarettes or small cigars.

The mayor says that will make smoking too expensive to lure in teenagers or the poor.

The bill, a companion to Bloomberg's plan to move cigarettes out of sight in stores, would also prohibit retailers from redeeming coupons or offering other discounts like two-for-one deals

Providence, Rhode Island, started a similar policy in January.

Tobacco companies sued, but they lost. They are now appealing.