NEW YORK (CNNMoney.com) -- Getting a bronze glow for the summer -- at least artificially -- is about to get a little more expensive.
A 10% tax will be tacked on to indoor tanning bills starting Thursday, as part of the health-care reform President Obama signed into law in March.
According to guidelines from the IRS, the tax will apply to electronic products designed for tanning that use one or more ultraviolet lamps with wavelengths between 200 and 400 nanometers. Other sunless tanning options, such as spray tans, are not subject to the tariff.
The tax is expected to generate $2.7 billion by 2019, according to the Congressional Joint Committee on Taxation.
Tanning salons are charged with collecting the levy and reporting it to the government each quarter. That money will help fund the health-reform package, which carries a price-tag of $940 billion.
The tanning tax replaced the 5% "Botax" on cosmetic surgery that was included in earlier versions of the reform bill.
That cosmetic surgery tax would have been levied on elective procedures like breast implants and Botox injections, but the provision was dropped last year after objections from medical and dermatological associations.
Those industries supported the tanning tax because of health risks associated with indoor tans. But tanning associations have hit back, arguing that health concerns are exaggerated and the tax could put salon owners out of business.
The Indoor Tanning Association said 30 million people, or more than 10% of all Americans, tan indoors each year. The industry employs more than 140,000 people in 19,000 businesses across the country.
Investors need someone they can bring home to mother instead of bad boys (or girls) that may make their heart beat faster. Boring beats bold in this market. Here are 10 dependable stocks we love. Southwest (ticker symbol: LUV) is one. More
Cheap oil and slow global growth may not be the only culprits of the global market turmoil. There's growing concern that central banks are spooking the markets too. More
Women coders do better than men in a gender-blind study that examines GitHub requests. More
Why is Donald Trump missing from Bleacher Creatures' new line of presidential candidates plush dolls? More