A bill to amend the Internal Revenue Code of 1954 to impose a one dollar and twenty cents per pound excise tax on snuff and a forty cents per pound excise tax on chewing tobacco.

Amends the Internal Revenue Code to impose an excise tax on smokeless tobacco manufactured in or imported into the United States. Sets the rate of such tax at: (1) $1.20 per pound on snuff and a proportionate tax on all fractional parts of a pound; and (2) 40 cents per pound on chewing tobacco and a proportionate tax on all fractional parts of a pound. Defines "snuff" and "chewing tobacco" for purposes of such tax.