McConnell said the bill would be introduced in May.
Shares of Marlboro maker Altria Group Inc, which owns a 35
percent stake in e-cigarette maker Juul, fell 3 percent on the
news. Philip Morris International and U.S-listed shares of
British American Tobacco were also trading lower.
"For some time, I've been hearing from the parents who are
seeing an unprecedented spike in vaping among their teenage
children. ... Unfortunately, it's reaching epidemic levels
around the country," the Republican senator from Kentucky said
in a statement.
McConnell's proposal comes as states and cities across the
United States have moved to raise the legal age for purchasing
tobacco in an effort to prevent addiction at young ages. A 2015
study from the National Academy of Medicine found that among
adults who became daily smokers, about 90 percent started using
cigarettes before they were 19.
The study found that raising the minimum legal age to 21 would
prevent 223,000 premature deaths.
So far 12 states have enacted laws to raise the minimum age to
21, including New Jersey and California. Lawmakers in New York
state and Maryland have also approved legislation.
In a statement, Altria Group Chief Executive Howard Willard said
the company "strongly supports" McConnell's move, calling it
"the most effective action to reverse rising underage e-vapor
usage rates." A representative for British American Tobacco did
not immediately respond to a request for comment.
E-cigarette makers are already under pressure from the U.S. Food
and Drug Administration (FDA), which laid out plans in March to
clamp down on the use of the popular nicotine devices among
teens.
Altria made a big bet on e-cigarettes in December with its $12.8
billion purchase of a 35 percent stake in Juul Labs Inc, which
makes a sleek line of devices that became popular among
teenagers, prompting an FDA crackdown.
Altria Group has been a major contributor to McConnell's
campaigns, according to data from the Center for Responsive
Politics, which tracks money in politics. McConnell's campaign
received $31,900 from Altria employees or political action
committees in the most recent election cycle, making him one of
the top four recipients of campaign cash in Congress, according
to the data.
(Reporting by Chris Kirkham in Los Angeles and Uday Sampath in
Bengaluru; Editing by Saumyadeb Chakrabarty and Jonathan Oatis)
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