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|[ House Amendment 001 ]|
92_HB2004 LRB9206727DJgc 1 AN ACT in relation to health. 2 Be it enacted by the People of the State of Illinois, 3 represented in the General Assembly: 4 Section 1. Short title. This Act may be cited as the 5 Tobacco Settlement Proceeds for Smoke-Free Youth Act. 6 Section 5. Definition. In this Act, "Board" means the 7 State Board of Education. 8 Section 10. Smoking cessation programs in schools. The 9 Board shall make grants to school districts in this State for 10 smoking cessation programs in schools. School districts may 11 apply to the Board for grants. 12 Section 15. Use of tobacco settlement proceeds. The Board 13 shall make reimbursements under this Act from moneys 14 appropriated to it for that purpose from the Tobacco 15 Settlement Recovery Fund. 16 Section 20. Rules. The Board shall adopt rules to 17 implement this Act, including rules prescribing the form and 18 procedure for making requests for grants and the criteria and 19 procedure for approving requests. 20 Section 25. The State Finance Act is amended by changing 21 Section 6z-43 as follows: 22 (30 ILCS 105/6z-43) 23 Sec. 6z-43. Tobacco Settlement Recovery Fund. 24 (a) There is created in the State Treasury a special 25 fund to be known as the Tobacco Settlement Recovery Fund, 26 into which shall be deposited all monies paid to the State -2- LRB9206727DJgc 1 pursuant to (1) the Master Settlement Agreement entered in 2 the case of People of the State of Illinois v. Philip Morris, 3 et al. (Circuit Court of Cook County, No. 96-L13146) and (2) 4 any settlement with or judgment against any tobacco product 5 manufacturer other than one participating in the Master 6 Settlement Agreement in satisfaction of any released claim as 7 defined in the Master Settlement Agreement, as well as any 8 other monies as provided by law. All earnings on Fund 9 investments shall be deposited into the Fund. Upon the 10 creation of the Fund, the State Comptroller shall order the 11 State Treasurer to transfer into the Fund any monies paid to 12 the State as described in item (1) or (2) of this Section 13 before the creation of the Fund plus any interest earned on 14 the investment of those monies. The Treasurer may invest the 15 moneys in the Fund in the same manner, in the same types of 16 investments, and subject to the same limitations provided in 17 the Illinois Pension Code for the investment of pension funds 18 other than those established under Article 3 or 4 of the 19 Code. 20 (a-5) In addition to any other use authorized by law, one 21 percent of the moneys in the Tobacco Settlement Recovery Fund 22 shall be available for appropriation to the State Board of 23 Education for making grants to school districts under the 24 Tobacco Settlement Proceeds for Smoke-Free Youth Act. 25 (b) As soon as may be practical after June 30, 2001, the 26 State Comptroller shall direct and the State Treasurer shall 27 transfer the unencumbered balance in the Tobacco Settlement 28 Recovery Fund as of June 30, 2001 into the Budget 29 Stabilization Fund. The Treasurer may invest the moneys in 30 the Budget Stabilization Fund in the same manner, in the same 31 types of investments, and subject to the same limitations 32 provided in the Illinois Pension Code for the investment of 33 pension funds other than those established under Article 3 or 34 4 of the Code. -3- LRB9206727DJgc 1 (Source: P.A. 91-646, eff. 11-19-99; 91-704, eff. 7-1-00; 2 91-797, eff. 6-9-00; revised 6-28-00.) 3 Section 99. Effective date. This Act takes effect on 4 January 1, 2002.
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