Finance

NY governor signs ‘tampon tax’ bill

New York Gov. Andrew Cuomo on Thursday signed a bill to eliminate the state’s “tampon tax.”

{mosads}The measure, which passed the state’s legislature in May, exempts feminine hygiene products from state and local sales taxes.

“This is a regressive tax on essential products that women have had to pay for far too long and lifting it is a matter of social and economic justice,” Cuomo said in a news release.

Most states’ sales taxes apply to feminine hygiene products, and the tampon tax issue has been gaining attention across the country this year. President Obama weighed in on the subject in January, saying it is “sensible” for women to work to repeal sales taxes on tampons.

Cuomo’s office said that the New York law is estimated to save women $10 million per year.

Lawmakers in Illinois and Connecticut also passed bills this year to exempt feminine-hygiene products from sales taxes in their states.

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