A bill to amend the Internal Revenue Code of 1954 to increase the excise tax on cigarettes, and to amend the Public Health Service Act to establish a trust fund to be used to fund the research programs of the National Cancer Institute.

Increases the excise tax under the Internal Revenue Code on small and large cigarettes, providing that such increased taxes collected after June 30, 1976, shall be appropriated to the National Cancer Research Fund established by this Act in the Treasury in specified amounts for fiscal years 1977 and 1978.