End Tobacco Loopholes Act

This bill closes tax loopholes by equalizing excise tax rates across all tobacco products. It increases cigarette taxes to $100.66 per pack, matches pipe tobacco tax to $49.56 per pound, sets smokeless tobacco at $26.84 per pound (with a new $100.66 tax per thousand single-use units), and imposes a new tax of $50.33 per 1,810 milligrams on nicotine for vaping products. The bill also establishes an annual inflation adjustment for tax rates starting in 2026 and requires manufacturers of nicotine to pay the tax unless products are FDA-approved for medical use. These changes primarily affect tobacco manufacturers and importers who will pay higher taxes on their products.