FIRST REGULAR SESSION
SENATE BILL NO. 119
91ST GENERAL ASSEMBLY
INTRODUCED BY SENATOR GOODE.
Pre-filed December 1, 2000, and 1,000 copies ordered printed.
TERRY L. SPIELER, Secretary.
0131S.01I
AN ACT
To amend chapter 196, RSMo, by adding thereto one new section relating to the establishment of the Missouri tobacco settlement trust fund.
Be it enacted by the General Assembly of the State of Missouri, as follows:
Section A. Chapter 196, RSMo, is amended by adding thereto one new section, to be known as section 196.1014, to read as follows:
196.1014. 1. There is hereby created in the state treasury the "Missouri Tobacco Settlement Trust Fund".
2. The state treasurer shall deposit in the Missouri tobacco settlement trust fund all moneys received by the state of Missouri which are the proceeds of any award or settlement resulting from any dispute between the state and any company which manufactures, sells or promotes tobacco or tobacco products.
3. Notwithstanding the provisions of section 33.080, RSMo, to the contrary, moneys deposited in the Missouri tobacco settlement trust fund, including any interest thereon, shall not revert to the credit of the general revenue fund at the end of the biennium.