Mississippi Legislature

1998 Regular Session

House Bill 308

[Introduced]

Instructions Bill Status Menu





History of Actions

Background

Title

Description: Tobacco settlement; create trust fund for money from, with interest to fund Medicaid.

History of Actions:

101/06/98(H)Referred To Appropriations
202/03/98(H)Died In Committee

Background Information:

Effective dateJuly 1, 1998
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
3/5ths vote requiredNo

House Committee:

Principal Author: Nettles

Additional Author: Hudson

Code Section: A 043-0013-0113

Title: AN ACT TO CREATE IN THE STATE TREASURY A TRUST FUND TO BE KNOWN AS THE MISSISSIPPI TOBACCO SETTLEMENT TRUST FUND; TO PROVIDE THAT PRINCIPAL OF THE TRUST FUND SHALL REMAIN INVIOLATE AND SHALL BE INVESTED; TO PROVIDE THAT THE INTEREST AND INCOME FROM THE INVESTMENT OF THE PRINCIPAL OF THE TRUST FUND MAY BE APPROPRIATED ONLY FOR THE PURPOSE OF FUNDING THE MEDICAID PROGRAM; TO AMEND SECTION 43-13-113, MISSISSIPPI CODE OF 1972, IN CONFORMITY TO THE PROVISIONS OF THIS ACT; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/03/98 at 18:28.



End Of Document

1998/History/HB\HB0308.htm