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OCR Page 1 of 41SAMPLE LEGISLATIVE LANGUAGE
TITLE --NATIONAL YOUTH SMOKING AND HEALTH TRUST FUND
SEC. . ESTABLISHMENT OF TRUST FUND.
(a) CREATION-
(1) IN GENERAL- There is established in the Treasury of the United
States a trust fund to be known as the 'National Youth Smoking and Health Trust
Fund', consisting of such amounts as may be appropriated or credited to the Trust Fund.
(2) TRUSTEES- The trustees of the Trust Fund shall be the Secretary
of Health and Human Services, the Secretary of Treasury, and the Attorney General.
(b) TRANSFERS- There are hereby appropriated and transferred to
the Trust Fund 75 percent of--
(1) amounts repaid or recovered under section , including
interest thereon;
(2) amounts equivalent to amounts received under section ; and
(3) amounts paid as fines or penalties, including interest
thereon, under section
.
SEC. . PAYMENTS OF ASSESSMENTS.
(a) DEFINITION OF ASSESSMENT SHARE- In this section, the term `assessment
share' means the ratio of--
(1) the number of units produced or imported for domestic consumption by a tobacco
product manufacturer or tobacco product importer for the preceding calendar year; to
(2) the number of units produced or imported for domestic consumption by all tobacco
product manufacturers or tobacco product importers for the preceding calendar year.
(b) DETERMINATIONS- Not later than September 30 of each calendar year,
the Attorney General shall--
(1) determine--
(A) the assessment share of each a tobacco product manufacturer or
tobacco product importer for the calendar year;
(B) the total amount of annual payments for the calendar year under
subsection (c)(2); and
(C) the amount of an assessment payable by a tobacco product manufacturer or
tobacco product importer for the fiscal year under subsection (c)(2); and
(2) notify each tobacco product manufacturer or tobacco product importer
of the determinations made under paragraph (1) with respect to the
manufacturer or importer.
(c) TOTAL AMOUNT OF PAYMENT-
[(1) INITIAL PAYMENT- Each industry source shall pay to the
Trust Fund on the date of enactment of this Act, $
for 1998.]
[Some bills provide for an up-front payment, though the Budget does not; defer on issue]
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