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:
Bill Summary
Fiscal Policy & Taxes
General fund - transfer - tobacco litigation settlement cash fund. The act 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 this bill as enacted.)