A bill to impose an excise tax on lead and lead products, to create a lead abatement trust fund, and to create a program under which States and certain political subdivisions thereof receive grants from such trust fund, and for other purposes.
Lead Abatement Trust Fund Act of 1993 - Amends the Internal Revenue Code to impose an excise tax on lead removed from any U.S. smelter and lead in any taxable lead product imported into the United States. Allows a credit or refund for exports of certain lead product subjected to the excise tax.
Establishes the Lead Abatement Trust Fund consisting of such excise taxes.
Authorizes appropriations from the Fund to evaluate and reduce lead-based paint hazards.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S10239-10240)
Read twice and referred to the Committee on Finance.
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