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S 1411 105th Congress Senate Taxation AIDS (Disease) Agriculture and Food Business income tax Commerce Department of Health and Human Services Dietary supplements Diseases Drug abuse Drug abuse prevention Economics and Public Finance Federal aid to medical research Government Operations and Politics Government trust funds Health Human behavior Income tax Law Minorities Minority health

A bill to amend the Internal Revenue Code of 1986 to disallow a Federal income tax deduction for payments to the Federal Government or any State or local government in connection with any tobacco litigation or settlement and to use any increased Federal revenues to promote public health.

Introduced: November 7, 1997 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 7, 1997
Read twice and referred to the Committee on Finance.
Nov 7, 1997
Sponsor introductory remarks on measure. (CR S11993-11995)
Nov 7, 1997
Introduced in Senate
 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to prohibit a deduction for any amount paid to the Federal Government or State or local government pursuant to any tobacco judgment or settlement.

Establishes the National Institutes of Health Trust Fund for Health Research into which shall be deposited the net increase in revenues received attributable to the provisions of the preceding paragraph.

What's happening now November 7, 1997

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1