S 450
114th Congress
Senate
Taxation
Drug, alcohol, tobacco use
Inflation and prices
Sales and excise taxes
Tobacco Tax Equity Act of 2015
Introduced: February 11, 2015
Introduced by:
Durbin, Richard J.
Democratic
· Illinois
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 11, 2015
Read twice and referred to the Committee on Finance. (text of measure as introduced CR S927-928)
Feb 11, 2015
Introduced in Senate
Plain-English summary
Tobacco Tax Equity Act of 2015
Amends the Internal Revenue Code, with respect to the excise tax on tobacco products, to tax pipe tobacco, smokeless tobacco products, and large cigars at the same level as cigarettes. Revises the definition of "tobacco products," for purposes of such tax, to include any other product determined to be a tobacco product by the Food and Drug Administration. Makes smokeless tobacco products sold in discrete single-use units subject to an excise tax of $50.33 per thousand. Provides for an inflation adjustment in calendar years beginning after 2015 to the dollar amounts of tobacco products subject to the excise tax.
What's happening now
Read twice and referred to the Committee on Finance. (text of measure as introduced CR S927-928)
Committees of jurisdiction
1