A bill to amend the Internal Revenue Code of 1986 to extend the deduction for health insurance costs of self-employed individuals, to increase the taxes on tobacco products, and for other purposes.

Summary

Amends the Internal Revenue Code to extend the deduction for health insurance costs of self-employed individuals until December 31, 1995. Increases the excise tax on: (1) cigars; (2) cigarettes; (3) cigarette papers and tubes; (4) snuff; and (5) chewing and pipe tobacco. Imposes a tax on the floor stocks of such tobacco products which are removed before January 1, 1995. Imposes such tax on such products entered into the United States from foreign trade zones before such date.

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

Timeline

1. 30 September 1994

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 30 September 1994

   Introduced

   Sponsor introductory remarks on measure. (CR S13856)

   Source: IntroReferral

3. 30 September 1994

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 30 September 1994 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 30 September 1994

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 30 September 1994

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 30 September 1994

  Open at official source

Sponsors

• Sen. Kohl, Herb [D-WI] · D · Sponsor
• Sen. Chafee, John H. [R-RI] · R · Sponsor
• · ssfi00 · Standing

Related records

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