A bill to amend the Internal Revenue Code of 1986 to increase the tax on cigarettes to 40 cents per pack, and to provide annual adjustments to the rate of such tax based on increases in the cost-of-living.

Summary

Amends the Internal Revenue Code to increase the excise tax on: (1) small cigarettes from $8 to $20 per thousand; and (2) large cigarettes from $16.80 to $42 per thousand. Provides for cost-of-living adjustments in the amount of such tax.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 25 February 1987

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 25 February 1987

   Introduced

   Introduced in House

   Source: IntroReferral

3. 25 February 1987

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 25 February 1987

  Open at official source

Sponsors

• Rep. Beilenson, Anthony C. [D-CA-24] · D · Sponsor
• Rep. Atkins, Chester G. [D-MA-5] · D · Sponsor
• Rep. Collins, Cardiss [D-IL-7] · D · Sponsor
• Rep. Frank, Barney [D-MA-4] · D · Sponsor
• Rep. Jacobs, Andrew, Jr. [D-IN-10] · D · Sponsor
• Rep. Johnson, Nancy L. [R-CT-5] · R · Sponsor
• Rep. Levine, Mel [D-CA-27] · D · Sponsor
• Rep. Scheuer, James H. [D-NY-8] · D · Sponsor
• Rep. Vento, Bruce F. [D-MN-4] · D · Sponsor
• Rep. Andrews, Michael [D-TX-25] · D · Cosponsor
• · hswm00 · Standing

Related records

No cross-record relationships stored yet.