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Tobacco Liability [1]

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This bill includes a significant price increase to discourage youth smoking and affirms the FDA's authority to regulate tobacco products. And I hope that in the next few days, the Senate will make sure we do everything we possibly can to protect tobacco farmers and their communities. This bill includes another provision -- an $8 billion annual liability cap that is available only to companies that agree to make sweeping restrictions in youth advertising, achieve dramatic reductions in youth smoking, and comply with this legislation instead of tying it up in court. This provision is controversial to some, but it is there to help achieve our goal, which is to stop young people from smoking. 4

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