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91_SB0118 LRB9101855SMpr 1 AN ACT to provide for the deposit and expenditure of 2 funds received from settlement of litigation against tobacco 3 companies. 4 Be it enacted by the People of the State of Illinois, 5 represented in the General Assembly: 6 Section 5. The State Finance Act is amended by adding 7 Sections 5.490 and 6z-43 as follows: 8 (30 ILCS 105/5.490 new) 9 Sec. 5.490. The Tobacco Settlement Recovery Fund. 10 (30 ILCS 105/6z-43 new) 11 Sec. 6z-43. Tobacco Settlement Recovery Fund. 12 (a) There is created in the State Treasury a special fund 13 to be known as the Tobacco Settlement Recovery Fund into 14 which shall be deposited all monies paid to the State 15 pursuant to (1) the Master Settlement Agreement entered in 16 the case of People of the State of Illinois v. Philip Morris, 17 et al. (Circuit Court of Cook County, No. 96-L13146) and (2) 18 any settlement with or judgment against any tobacco product 19 manufacturer other than one participating in the Master 20 Settlement Agreement in satisfaction of any released claim as 21 defined in the Master Settlement Agreement, as well as any 22 other monies as provided by law. All earnings on Fund 23 investments shall be deposited into the Fund. 24 (b) At least 50% of all monies deposited into the Fund, 25 including monies generated from Fund investments, shall be 26 appropriated for new or enhanced public health initiatives, 27 or for the continuation of any such initiatives instituted 28 after the effective date of this amendatory Act of 1999. 29 Such initiatives may include but shall not be limited to 30 programs for the health care of children, prevention and -2- LRB9101855SMpr 1 cessation of tobacco use, enforcement of restrictions on 2 juvenile access to tobacco products, and public education on 3 the dangers of tobacco use. 4 (c) The Tobacco Recovery Advisory Commission is created 5 to advise on the use and allocation of monies deposited into 6 the Fund. The Commission shall consist of the Attorney 7 General, who shall chair the Commission, 2 members of the 8 Senate, one appointed by the President of the Senate and the 9 other appointed by the Minority Leader of the Senate, 2 10 members of the House of Representatives, one appointed by the 11 Speaker of the House of Representatives and one appointed by 12 the Minority Leader of the House of Representatives, and 4 13 public members, 2 of whom shall be appointed by the Governor 14 and 2 of whom shall be appointed by the Attorney General. 15 The public members shall have expertise in issues of public 16 health. The members of the Commission shall receive no 17 compensation for their services but shall be reimbursed for 18 necessary expenses incurred in the performance of their 19 duties from sums appropriated to the Attorney General from 20 the Fund for this purpose. The Commission shall report to 21 the Governor and the General Assembly not later than January 22 1 of each calendar year. 23 Sec. 99. Effective date. This Act takes effect upon 24 becoming law.