Summary: H.R.4742 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for H.R.4742. Bill summaries are authored by CRS.

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Introduced in House (10/18/2019)

This bill imposes an excise tax on "taxable nicotine" which is any nicotine that has been extracted, concentrated, or synthesized and is treated as a tobacco product. The tax does not apply to nicotine used in a product that has been approved by the Food and Drug Administration for sale as a nicotine replacement therapy.