TITLE

Appeal likely in tobacco ruling

AUTHOR(S)
Yancy, Jr., Cecil N.
PUB. DATE
January 2005
SOURCE
Southeast Farm Press;1/12/2005, Vol. 32 Issue 2, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that a judge's ruling that releases tobacco companies from making phase II payments because of the tobacco buyout has left tobacco growers out in the cold. Tobacco companies in 1999 agreed to make $5.15 billion in phase II payments over 12 years to tobacco growers to compensate them for expected losses because of higher cigarette prices resulting from the $206 billion Master Settlement Agreement. Cigarette companies had already deposited three quarters of the 2004 payments when U.S. Congress passed the $10.1 billion tobacco buyout bill.
ACCESSION #
15839406

 

Related Articles

  • Grassroots effort pushing buyout. Yancy Jr., Cecill N. // Southeast Farm Press;8/18/2004, Vol. 31 Issue 20, p12 

    This article focuses on a united effort of tobacco growers to push buyout bills in the U.S. The grassroots effort, aided by election year politics, seems to have paid off, as a tobacco buyout bill is in conference committee after the U.S. Senate passed a bill in mid-July. Some farmers got out...

  • Compassion drives fight by grower. Yancy Jr., Cecll N. // Southeast Farm Press;8/18/2004, Vol. 31 Issue 20, p12 

    This article focuses on the issue of compassion of tobacco growers reeling around the passage of tobacco buyout bill in the United States. What motivates Keith Parrish, a tobacco grower in the United States, to leave his farm and his wife and travel to Washington D.C., can be summed up in one...

  • The Tobacco Buyout and the FDA. Schroeder, Steven A. // New England Journal of Medicine;9/30/2004, Vol. 351 Issue 14, p1377 

    Examines tobacco legislation passed by the United States Congress. A bill in the House of Representatives that abolishes the quota system and agrees to pay tobacco farmers $9.6 billion from the federal treasury to ease the transition; Passage of a Senate bill which differs in a number of ways...

  • Legislation is key to tobacco outlook. Hollis, Paul L. // Southeast Farm Press;11/5/2003, Vol. 30 Issue 25, p18 

    Considers the opinion of economist Kelly J. Tiller on the role of pending legislation in the economic outlook for U.S. tobacco, as of November 5, 2003. Provisions of the legislation; Purpose of the U.S. federal tobacco price support and supply control program that was implemented in the 1930s;...

  • Tobacco Regulation.  // Congressional Digest;Dec2008, Vol. 87 Issue 10, p289 

    In this article the author discusses the United States Congress and tobacco legislation. The piece was written in light of the 2008 Tobacco Control Act, a set of proposals to regulate tobacco products and restrict the marketing of such items. The author cites advocates of the bill and those...

  • Congress Considers Tobacco Regulatory Options. Briant, Thomas // National Petroleum News;Apr2009, Vol. 101 Issue 4, p12 

    The article reports on two bills pending in the U.S. House of Representatives that would regulate the manufacture, distribution and retail of tobacco products. It outlines the major regulatory differences between the two competing tobacco bills, H.R. 1256 by Representative Henry Waxman and 1261...

  • Labour MPs plan bill to dodge tobacco ruling.  // Campaign;11/05/99, Issue 44, p5 

    Reports on the plans of British Labour members of parliament to bring in a Private Member's Bill to outlaw tobacco advertising to make sure the High Court's earlier judgment does not result in a long delay. High Court's ruling in favor of tobacco companies over the government in its...

  • Tobacco buyout bill moves forward. Yancy Jr., Cecil H. // Southeast Farm Press;10/15/2003, Vol. 30 Issue 24, p9 

    Reports on the tobacco buyout bill introduced by the U.S. House in October 2003. Response of the North Carolina Farm Bureau to the legislation; Basis of the buyout payments in the bill; Information on the private price insurance system incorporated on the bill.

  • Tobacco buyout negotiations intense during last month. Yancy, Cecil // Southeast Farm Press;9/15/2004, Vol. 31 Issue 22, p4 

    The article reports on a proposed tobacco buyout bill, to be presented before the U.S. Congress. Intense negotiations about the bill took place in August 2004. The Congress returned on September 7, 2004 to tackle two substantially different bills that contain a tobacco buyout. The Senate version...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics