Section 1 Short title
This Act may be cited as the “End Subsidies for Tobacco Act”.
End Subsidies for Tobacco Act
A BILL
To amend the Federal Crop Insurance Act to eliminate premium subsidies for crop insurance for tobacco.
Sec. 2 Prohibition on payment of portion of premium by corporation for tobacco
Section 508(e) of the Federal Crop Insurance Act (7 U.S.C. 1508(e)) is amended by adding at the end the following:
“(9) Prohibition on payment of portion of premium by corporation for tobacco
“(A) In general—Effective beginning with the 2018 reinsurance year, notwithstanding any other provision of this subtitle, the Corporation shall not pay any portion of the premium for a policy or plan of insurance for tobacco under this subtitle.
“(B) Deficit reduction—Any savings realized as a result of subparagraph (A) shall be deposited in the Treasury and used for Federal budget deficit reduction.”