Summary: S.1411 — 105th Congress (1997-1998)All Information (Except Text)

There is one summary for S.1411. Bill summaries are authored by CRS.

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Introduced in Senate (11/07/1997)

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.