US SB3081 | 2011-2012 | 112th Congress

Status

Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on May 10 2012 - 25% progression, died in committee
Action: 2012-05-10 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Tobacco Tax Equity Act of 2012 - Amends the Internal Revenue Code to tax pipe tobacco, smokeless tobacco products, and large cigars at the same level as cigarettes. Revises the definition of "tobacco products" to include any other product containing tobacco that is intended or expected to be consumed. Makes smokeless tobacco products sold in discrete single-use units subject to an excise tax of $50.33 per thousand.

Tracking Information

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Title

Tobacco Tax Equity Act of 2012

Sponsors


History

DateChamberAction
2012-05-10SenateRead twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

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