FEIGENHOLTZ AND JOHNSON,TIM.
Synopsis of Bill as introduced:
Creates the Tobacco Settlement Proceeds Distribution Act.
Creates a short title only.
SENATE AMENDMENT NO. 1.
Deletes reference to:
Adds reference to:
30 ILCS 105/5.540 new
30 ILCS 105/6z-43 new
Deletes everything. Amends the State Finance Act. Creates the
Tobacco Settlement Recovery Fund, which shall consist of all monies
paid to the State pursuant to (1) the Master Settlement Agreement
entered in the case of People of the State of Illinois v. Philip
Morris, et al. and (2) any settlement with or judgment against any
tobacco product manufacturer other than one participating in the
Master Settlement Agreement in satisfaction of any released claim, as
well as any other monies as provided by law. Effective immediately.
Last action on Bill: PUBLIC ACT.............................. 91-0646
Last action date: 99-11-19
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 1
END OF INQUIRY
Full Text Bill Status