Bill Text | History of Actions | Background | Title |
Description: Amend Constitution, place tobacco fund settlement in trust fund.
Bill Text: [Introduced]
1 | 01/21 (H) Referred To Constitution | |
2 | 02/05 (H) Died In Committee |
Effective date | No Effective Date | |
Disposition | Dead | |
Deadline | General Bill/Constitutional Amendment | |
Revenue | No | |
Vote type required | Two/Thirds |
House Committee:
Principal Author: Flaggs
Additional Author: Compretta
Title: A CONCURRENT RESOLUTION PROPOSING AN AMENDMENT TO THE MISSISSIPPI CONSTITUTION OF 1890 TO ADD A NEW SECTION, TO BE DESIGNATED AS SECTION ______, TO PROVIDE THAT ALL FUNDS RECEIVED AS A RESULT OF THE SETTLEMENT OF A CERTAIN LAWSUIT BROUGHT AGAINST THE TOBACCO COMPANIES BY THE STATE OF MISSISSIPPI AS DIRECTED BY COURT ORDER, OR AS A RESULT ANY SETTLEMENT OF ANY LAWSUIT BROUGHT AGAINST THE TOBACCO COMPANIES BY ANOTHER STATE, SHALL BE PLACED IN A TRUST FUND AND SHALL REMAIN INVIOLATE AND SHALL NOT BE APPROPRIATED BY THE LEGISLATURE; TO PROVIDE THAT THE LEGISLATURE MAY PASS LAWS GOVERNING THE INVESTMENT OF SUCH FUNDS; TO PROVIDE THAT THE INVESTMENT EARNINGS MAY BE PLACED IN AN EXPENDABLE FUND AND SUBJECT TO APPROPRIATION BY THE LEGISLATURE EXCLUSIVELY FOR HEALTH CARE RELATED BUDGET EXPENSES; AND FOR RELATED PURPOSES.
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2002/html/History/HC/HC0055.htm