HR 2385 — To repeal the provision providing for crediting the increase in excise taxes on certain tobacco products against payments made pursuant to tobacco industry settlement legislation.
Congress: 105 · Status: active · Israel/Palestine classification: neutral
Amends the Balanced Budget Act of 1997, as amended by the Taxpayer Relief Act of 1997, to repeal the provision crediting the increase in excise taxes on certain tobacco products against payments made pursuant to specified tobacco industry settlement legislation.