A bill to amend the Internal Revenue Code of 1986 to increase to 32 cents per pack the excise taxes on cigarettes.

Amends the Internal Revenue Code to increase the excise tax on cigarettes from: (1) $8 to $16 per thousand for small cigarettes; and (2) $16.80 to $33.60 per thousand for large cigarettes. Imposes a floor stock excise tax on small and large cigarettes.