US SB819

Doubles the federal excise tax on small cigarettes from $50.33 to $100.66 per thousand, and on large cigarettes from $105.69 to $211.38 per thousand

Equalizes tax rates across tobacco products by increasing taxes on roll-your-own tobacco from $24.78 to $49.56 per pound, pipe tobacco from $2.83 to $49.56 per pound, and significantly raising smokeless tobacco taxes

Creates a new federal excise tax on "taxable nicotine" (extracted, concentrated, or synthesized nicotine used in vaping products) at a rate equivalent to the cigarette tax per 1,810 milligrams of nicotine

Establishes annual inflation adjustments for all tobacco excise tax rates beginning in 2026, tied to the cost-of-living index

Imposes floor stocks taxes on existing tobacco product inventories held for sale when the new rates take effect, with a $500 credit per person against the tax liability