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HR 1594 99th Congress House Taxation Agriculture and Rural Affairs Economics and Public Finance Excise tax Government trust funds Medicare Social Welfare Tobacco Tobacco tax

A bill to amend the Internal Revenue Code of 1954 to increase to 32 cents per pack the Federal excise tax on cigarettes and to provide that 75 percent of the revenue from such tax shall be transferred to the Federal Hospital Insurance Trust Fund.

Introduced: March 19, 1985 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 25, 1985
Referred to Subcommittee on Health.
Mar 19, 1985
Referred to House Committee on Ways and Means.
Mar 19, 1985
Introduced in House
 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to increase the excise tax on cigarettes from: (1) $8 to $16 for small cigarettes; and (2) $16.80 to $33.60 for large cigarettes. Imposes a floor stock excise tax on small and large cigarettes.

Appropriates 75 percent of the revenues raised by such tax to the Federal Hospital Insurance Trust Fund (Medicare).

What's happening now March 25, 1985

Referred to Subcommittee on Health.

 Committees of jurisdiction 2