A bill to continue indefinitely the taxes imposed on cigarettes at the rate established in the Tax Equity and Fiscal Responsibility Act of 1982 and to appropriate to the Federal Hospital Insurance Trust Fund amounts equivalent to sums received from the taxes imposed on cigars, cigarettes, and cigarette papers and tubes to the extent such amounts are necessary to meet any deficit in such Trust Fund.

Summary

Amends the Internal Revenue Code to continue the excise tax on cigarettes at its present 16 cents per pack level (rather than reducing the excise tax to eight cents per pack October 1, 1985, as currently provided). Authorizes the Secretary of the Treasury to transfer amounts received from this excise tax on cigarettes to the Federal Hospital Insurance Trust Fund.

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

Timeline

No timeline events have been ingested for this record yet.

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 · 30 January 1985

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.