SWEET Act

Sugar-Sweetened Beverages Tax Act of 2018 or the SWEET Act This bill amends the Internal Revenue Code to impose an excise tax on the sale or transfer of any specified sugar-sweetened beverage product by the manufacturer, producer, or importer thereof. The tax rate is 1 cent per 4.2 grams of caloric sweetener contained in such product. This bill transfers revenues from the tax to the Prevention and Public Health Fund for the sole purpose of funding programs and research to reduce the human and economic costs of diabetes, obesity, dental caries, and other diet-related health conditions in priority populations.