History of Actions | Background | Title |
Description: Tobacco settlement; create trust fund for money from, with interest to fund Medicaid.
1 | 01/06/98 | (H) | Referred To Appropriations | |
2 | 02/03/98 | (H) | Died In Committee |
Effective date | July 1, 1998 | |
Disposition | Dead | |
Deadline | General Bill/Constitutional Amendment | |
Revenue | No | |
3/5ths vote required | No |
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.
End Of Document
1998/History/HB\HB0308.htm