House Sponsors: BOLAND-MCKEON-SILVA-LANG-SCOTT, MCGUIRE, LYONS,JOSEPH, DART, MCCARTHY, ERWIN, SHARP, DAVIS,STEVE, DELGADO, FLOWERS, KENNER, BELLOCK, FOWLER AND HARRIS. Short description: TOBACCO SETTLEMENT MONEY Synopsis of Bill as introduced: Creates the Tobacco Litigation Settlement Distribution Act and the Tobacco Litigation Settlement Distribution Fund. Provides that all unrestricted proceeds received by the State under the tobacco litigation settlement agreement shall be deposited into the Tobacco Litigation Settlement Distribution Fund. Requires all unrestricted proceeds to be used for public health purposes, and requires that at least 90% of the unrestricted proceeds be used to provide health care services or health care benefit coverage to persons in this State who do not have health insurance or other health care benefit coverage. Provides that restricted proceeds received under the settlement shall be placed in separate special funds and used only for the purposes specified in the settlement agreement. Requires the Auditor General to prepare an annual report on the use of settlement proceeds. Amends the State Finance Act to add the Tobacco Litigation Settlement Distribution Fund to the list of special funds in the State Treasury. Effective immediately. FISCAL NOTE (Attorney General) There will be no fiscal impact. Last action on Bill: SESSION SINE DIE Last action date: 01-01-09 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status