A bill to authorize the issuance of drug war bonds and to require that the proceeds of those bonds be used to fund the Anti-Drug Abuse Act of 1988.
Drug War Bond Act of 1989 - Directs the Secretary of the Treasury to: (1) issue U.S. Government drug war bonds; (2) buy, redeem, and make refunds of such bonds; and (3) transfer amounts attributable to bond proceeds into the Anti-Drug Abuse Trust Fund to be established under this Act. Requires that such proceeds be used to fund the Anti-Drug Abuse Act of 1988.
Introduced in Senate
Read twice and referred to the Committee on Finance.
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