{ "id": "RS20802", "type": "CRS Report", "typeId": "REPORTS", "number": "RS20802", "active": false, "source": "EveryCRSReport.com, University of North Texas Libraries Government Documents Department", "versions": [ { "source": "EveryCRSReport.com", "id": 312301, "date": "2005-12-31", "retrieved": "2016-04-07T19:23:30.687029", "title": "Tobacco Farmer Assistance", "summary": "Efforts to reduce tobacco consumption in the United States, stimulated by the 1998 Master\nSettlement Agreement (MSA), contributed to a sharp decline in the demand for U.S.-grown tobacco. \nThe other major contributor to the long term decline in domestic as well as foreign demand was the\nfederal price support program, which limited supply and raised the price of U.S. tobacco above\ncompetitive market levels. Consequently, foreign-grown tobacco displaced U.S. tobacco in both\ndomestic and world markets. Because of the drop in demand, farmers asked for and received\ncompensation and assistance from cigarette manufacturers and the federal government. \nManufacturers, in conjunction with the MSA, pledged $5.15 billion in payments to farmers to be\ndistributed over 12 years. Also, Congress approved $328 million in tobacco loss payments to\nfarmers for FY2000, $340 million for FY2001, another $129 million for FY2001, and $55 million\nfor FY2003. In addition, losses on 1999 crop price support loan stocks, amounting to $625 million,\nwere shifted to taxpayers. Finally, in 2004, legislation was adopted terminating the tobacco support\nprogram, but with compensation to quota owners and active producers of $9.6 billion (paid by\nmanufacturers).\n This report will not be updated.", "type": "CRS Report", "typeId": "REPORTS", "active": false, "formats": [ { "format": "HTML", "encoding": "utf-8", "url": "http://www.crs.gov/Reports/RS20802", "sha1": "f273795ac1132e950568465e3c591a12b31d9756", "filename": "files/20051231_RS20802_f273795ac1132e950568465e3c591a12b31d9756.html", "images": null }, { "format": "PDF", "encoding": null, "url": "http://www.crs.gov/Reports/pdf/RS20802", "sha1": "4377a100d5c54d152c507aee1d5bf17d54a1e423", "filename": "files/20051231_RS20802_4377a100d5c54d152c507aee1d5bf17d54a1e423.pdf", "images": null } ], "topics": [] }, { "source": "University of North Texas Libraries Government Documents Department", "sourceLink": "https://digital.library.unt.edu/ark:/67531/metadc808742/", "id": "RS20802_2004Jun10", "date": "2004-06-10", "retrieved": "2016-03-19T13:57:26", "title": "Tobacco Farmer Assistance", "summary": null, "type": "CRS Report", "typeId": "REPORT", "active": false, "formats": [ { "format": "PDF", "filename": "files/20040610_RS20802_3511641cc6303a03479ca43d264e3e0cf206c977.pdf" }, { "format": "HTML", "filename": "files/20040610_RS20802_3511641cc6303a03479ca43d264e3e0cf206c977.html" } ], "topics": [] }, { "source": "University of North Texas Libraries Government Documents Department", "sourceLink": "https://digital.library.unt.edu/ark:/67531/metadc806833/", "id": "RS20802_2004Mar05", "date": "2004-03-05", "retrieved": "2016-03-19T13:57:26", "title": "Tobacco Farmer Assistance", "summary": null, "type": "CRS Report", "typeId": "REPORT", "active": false, "formats": [ { "format": "PDF", "filename": "files/20040305_RS20802_532f6ba2a6894947747aa96bc4d4764308a9fc67.pdf" }, { "format": "HTML", "filename": "files/20040305_RS20802_532f6ba2a6894947747aa96bc4d4764308a9fc67.html" } ], "topics": [] } ], "topics": [] }