118th Congress · HOUSE BILLBILL

H.R. 5715Tobacco Tax Equity Act of 2023

To amend the Internal Revenue Code of 1986 to provide tax rate parity among all tobacco products, and for other purposes.

Taxation
Introduced Sep 26, 2023
Last action Sep 26, 2023
Pipeline · Bill → Law
Step 1
Introduced
Sep 26, 2023
Step 2
Referred
Sep 26, 2023
Ways & Means
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill increases the excise tax on cigarettes and cigars and equalizes tax rates among all other tobacco products. It also imposes a tax on nicotine for use in vaping.

Provisions · 2 sectionsIntroduced in House
Timeline · 2 actions
Sep 26, 2023
Introduced in House
Sep 26, 2023
Referred to the House Committee on Ways and Means.