91st General Assembly
Summary of SB1005
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Senate Sponsors:

Short description: 
INVSTMNT-TOBACCO SETTLE ACT                                                

Synopsis of Bill as introduced:
        Amends the State Finance Act.   Creates  the  Tobacco  Settlement      
   Biomedical   Research   Fund.    Creates  the  Investment  of  Tobacco      
   Settlement Proceeds Act. Provides  that  a  portion  of  the  proceeds      
   received  by  the  State  from a tobacco settlement shall be deposited      
   into the Tobacco Settlement Biomedical Research  Fund.  Provides  that      
   moneys  in  the  fund  shall be distributed to medical schools in this      
   State and used by those  medical  schools  for  programs  relating  to      
   tobacco-related illness research.  Effective immediately.                   
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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