History of Actions | Background | Title |
Description: Tobacco settlement funds; create Health Care and State Veterans Homes Trust Funds.
| 1 | 01/05/99 | (S) | Referred To Finance | |
| 2 | 02/02/99 | (S) | Died In Committee |
| Effective date | Passage | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| 3/5ths vote required | No |
Senate Committee:
Principal Author: Furniss
Title: AN ACT TO ESTABLISH A HEALTH CARE TRUST FUND AND A STATE VETERANS HOMES TRUST FUND IN THE STATE TREASURY INTO WHICH SHALL BE DEPOSITED MONIES FROM THE SETTLEMENT OF THE LAWSUIT AGAINST TOBACCO COMPANIES BY THE STATE OF MISSISSIPPI; TO PROVIDE THAT THE PRINCIPAL IN EACH TRUST FUND SHALL REMAIN INVIOLATE AND SHALL NEVER BE EXPENDED; TO PRESCRIBE THE PURPOSES FOR WHICH MONIES IN THE TRUST FUNDS MAY BE EXPENDED; TO PROVIDE THAT MONIES IN THE TRUST FUNDS SHALL BE INVESTED IN ANY OF THE INVESTMENTS AUTHORIZED FOR THE MISSISSIPPI PREPAID AFFORDABLE COLLEGE TUITION PROGRAM; AND FOR RELATED PURPOSES.
End Of Document
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