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Past Issues of PACT Notes
Earlier this year FDA announced a new regulatory plan to lower this burden of tobacco-related disease and death. The plan takes a comprehensive approach to nicotine and tobacco, including an initiative to lower nicotine in cigarettes to minimally addictive or non-addictive levels. Today, FDA is taking an additional step in their new, comprehensive approach to the regulation of nicotine and tobacco. They announced the formation of a new Nicotine Steering Committee that will be charged with re-evaluating and modernizing FDA’s approach to development and regulation of nicotine replacement therapy products that help smokers quit.
Starting Nov. 26, the major U.S. tobacco companies must run court-ordered newspaper and television advertisements that tell the American public the truth about the deadly consequences of smoking and secondhand smoke, as well as the companies intentional design of cigarettes to make them more addictive. The tobacco companies must also publish the corrective statements on their websites and cigarette packs, but the implementation details are still being finalized.
Pennsylvania’s Commonwealth Financing Authority approved borrowing to put a patch to the state’s deficit-ridden $32.0 billion budget. The authority voted unanimously to borrow $1.5 billion against future revenues from the 1998 multi-state settlement with the nation’s major tobacco companies. The borrowing would be paid back over the next 10-to-30 years, likely meaning a significant portion of Pennsylvania’s annual payment will be diverted from the health and research programs it has traditionally supported.