Ways and Means to Consider Vaping Bill This Week (1)

The House Ways and Means Committee will mark up a bill Oct. 23 that would align the taxation of e-cigarettes and other vaping products with traditional cigarettes.

The bill (H.R. 4742)—introduced Oct. 21 by Reps. Tom Suozzi (D-N.Y.) and Peter King (R-N.Y.)—is a narrower version of a measure they introduced in September. The committee’s consideration comes amid broad concerns about the consequences of vaping, following a spurt of vaping-related illnesses.

The non-partisan Joint Committee on Taxation estimated that the bill would generate nearly $10 billion over 10 years.

The panel will also consider three other ...