SENATE BILL 723

File Code: Operating Budget Crossfiled with: HOUSE BILL 841

Sponsored By:

Senator Miller

Entitled:

Tobacco Settlement Moneys - Attorneys Fees

Synopsis:

Establishing a Special Reserve Fund to retain specified State revenues for future needs; requiring that moneys received during fiscal years 2002 and 2003 by the State from specified sources related to the settlement of the State's litigation against tobacco manufacturers be credited to the Fund; providing that except as provided moneys in the Fund shall be retained in reserve and may not be spent for any purposes; crediting the balance of the Fund to the Revenue Stabilization Fund on July 1, 2003; etc.

History by Legislative Date

Senate Action

2/1

First Reading Budget and Taxation

2/13

Hearing 3/6 at 1:30 p.m.

4/5

Unfavorable Report by Budget and Taxation

House Action

No Action

Bill indexed under the following Subjects:

ATTORNEYS

CIVIL ACTIONS -see also- SMALL CLAIMS

ESCROW ACCOUNTS

FEES -see also- DEVELOPMENT FEES AND TAXES

REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.

SMOKING -see also- CIGARETTES

TOBACCO

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered