• E-Cigarette Tax Bill Clears House Panel

    • Share:

    Ways and Means Committee approves legislation to tax vaping products like other tobacco products.

    October 24, 2019

    WASHINGTON, D.C.—The House Ways and Means Committee Wednesday approved H.R. 4742, a bill that seeks to tax e-cigarettes and other vaping products like traditional cigarettes. Approved by a 24–15 vote, the measure now advances to the full House for consideration.

    As reported in NACS Daily, the bill, introduced in the House by Reps. Tom Suozzi (D-N.Y.) and Peter King (R-N.Y.) in October, would tax e-cigarettes and vaping products for the first time at the federal level. Already, 19 states and the District of Columbia have added their own taxes on e-cigarettes.

    The bill would place an excise tax equal to the $1.01 federal levy per pack of cigarettes on tobacco alternatives. The Joint Committee on Taxation estimates that the bill would raise nearly $10 billion over a decade.

    “Increasing the cost of vaping will have a direct correlation to decreasing the usage of vaping products,” Rep. Suozzi said in a statement.

    Although sponsored by members from both sides of the aisle, the bill advanced largely on a partisan basis. It is unclear if the legislation will be considered as a standalone measure or if it will be joined with additional e-cigarette bills before it is considered on the House floor.

  • Subscribe to our Newsletter

  • © Copyright 2019 Texas Food & Fuel Association. All Rights Reserved.