If enacted, HB 936 would amend the Internal Revenue Code by removing the specific provisions related to the excise tax on indoor tanning. This change is expected to influence the tanning industry by potentially increasing patronage, as the cost for consumers would decrease without the added tax. Meanwhile, revenue that would have been generated from this tax will be lost to federal coffers, impacting funding that could have been allocated to healthcare initiatives related to skin cancer prevention. Supporters believe the benefits to businesses outweigh the loss of tax revenue, while opponents express concerns regarding public health implications.
Summary
House Bill 936, known as the Tanning Tax Repeal Act of 2023, proposes the repeal of the federal excise tax on indoor tanning services. This tax was originally implemented as part of the Affordable Care Act and aimed at reducing the healthcare costs associated with skin cancer and other health risks associated with indoor tanning. The repeal is positioned as a way to alleviate the financial burden on tanning businesses and consumers who utilize these services. Proponents of the bill argue that the tax is an unnecessary levy that hinders personal choice and small business growth.
Contention
The bill has sparked notable debate concerning public health versus economic interests. Advocates for the repeal claim that the tax impacts small businesses disproportionately and restricts consumer freedom. Opponents, including certain health organizations, argue that removing this tax could diminish awareness and prevention efforts regarding the risks of indoor tanning, potentially leading to increased skin cancer rates. Thus, the discussion largely centers around balancing personal liberties with the responsibilities of protecting public health.
SALT Fairness Act of 2023 This bill repeals the temporary restrictions in taxable years 2018 through 2025 on the deductibility of state and local taxes.