H.R.5279 - SWEET Act113th Congress (2013-2014)
|Sponsor:||Rep. DeLauro, Rosa L. [D-CT-3] (Introduced 07/30/2014)|
|Committees:||House - Ways and Means; Energy and Commerce|
|Latest Action:||08/01/2014 Referred to the Subcommittee on Health. (All Actions)|
This bill has the status Introduced
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Summary: H.R.5279 — 113th Congress (2013-2014)All Bill Information (Except Text)
Introduced in House (07/30/2014)
Sugar-Sweetened Beverages Tax Act of 2014 or the SWEET Act - Amends the Internal Revenue Code to impose an excise tax on the sale or transfer of any specified sugar-sweetened beverage product by the manufacturer, producer, or importer thereof. Establishes the rate of such tax as 1cent per 4.2 grams of caloric sweetener contained in such product.
Transfers revenues from such tax to the Prevention and Public Health Fund for the sole purpose of funding programs and research to reduce the human and economic costs of diabetes, obesity, dental caries, and other diet-related health conditions in priority populations.