Cyanide Mining Impact Relief Act of 1992

Cyanide Mining Impact Relief Act of 1992 - Amends the Internal Revenue Code to impose an environmental excise tax of 50 cents per pound on cyanide: (1) sold by any person for use by the purchaser in mining or mineral activities in the United States; or (2) used by any person in such mining or mineral activities unless there was a previous taxable sale.

Establishes the Abandoned Mine Remediation Trust Fund consisting of a Federal Account and a State Account to share equally in revenues from the excise tax on cyanide used in mining or mineral activities.

Authorizes expenditures from the Federal account for the reclamation and restoration of land and water resources adversely affected by past mineral (other than coal or fluid minerals) and mineral materials mining.

Authorizes expenditures from the State Account for mining-related cleanup, research into the consequences of intensive metals production, and monitoring and enforcement.