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SB18-280

Tobacco Litigation Settlement Cash Fund Transfer

Concerning a transfer from the general fund to the tobacco litigation settlement cash fund to be allocated to the programs, services, and funds that currently receive tobacco litigation settlement money.
Session:
2018 Regular Session
Subject:
Fiscal Policy & Taxes

Joint Budget Committee. The bill requires the state treasurer to transfer $19,965,068 from the general fund to the tobacco litigation settlement cash fund on July 1, 2018. This money is allocated for the 2018-19 fiscal year to the programs, services, and funds that receive tobacco litigation settlement money to supplement the allocation of settlement money that those programs, services, and funds will otherwise receive.
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Status

Introduced
Passed

Bill Text