91st General Assembly
Summary of HB1628
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House Sponsors:
MADIGAN,MJ-CURRIE-MITCHELL,BILL, 
   FEIGENHOLTZ AND JOHNSON,TIM.

Senate Sponsors:
KLEMM-PHILIP

Short description: 
TOBACCO SETTLMNT-PROCEEDS-TECH                                             

Synopsis of Bill as introduced:
        Creates  the  Tobacco  Settlement  Proceeds   Distribution   Act.      
   Creates a short title only.                                                 
        SENATE AMENDMENT NO. 1.                                                
          Deletes reference to:                                                
          New Act                                                              
          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

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   1


   END OF INQUIRY 



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