Summary: H.R.4089 — 103rd Congress (1993-1994)All Information (Except Text)

There is one summary for H.R.4089. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (03/17/1994)

Tobacco Health Tax and Agricultural Assistance Act of 1994 - Amends the Internal Revenue Code to increase the excise taxes on cigarettes and other tobacco products. Imposes an additional tax on packs of cigarettes containing fewer than 20 cigarettes. Provides an inflation adjustment on such tax rates.

Imposes a civil penalty on any person who sells, relands, or receives tobacco products labeled for export. Restricts the importation of previously exported tobacco products.

Imposes an excise tax on the manufacture or importation of roll-your-own tobacco.

Establishes the Tobacco Conversion and Health Education Trust Fund to: (1) assist farmers in converting from tobacco to other crops; and (2) provide grants to communities and persons adversely affected by the tax increases in this Act. Provides for the transfer to such Fund of amounts received from tobacco tax increases.