SJR 031 Voters shall determine whether tobacco proceeds are included in or excluded from total state revenues
LR Number:3657S.01I Fiscal Note:3657-01
Committee:Pensions and General Laws
Last Action:01/30/02 - Hearing Cancelled S Pensions & General Laws Committee Journal page:
Effective Date:Voter Approval
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Current Bill Summary

SJR 31 - This proposed constitutional amendment submits two separate proposals to voters regarding funds obtained by the State as a result of any legal settlement or award resulting from a final order in a dispute between the state and tobacco companies. The proposal receiving the greater majority of votes would become law.

The first proposal excludes the funds from the calculation of total state revenues, and designates that the funds are allocated to the following Accounts:

Healthy Families Trust Fund - Seniors and Catastrophic Prescription Drug Account;

Healthy Families Trust Fund - Health Care Treatment and Access Account;

Healthy Families Trust Fund - Tobacco Prevention, Education, and Cessation Account;

Healthy Families Trust Fund - Life Sciences Research Account; and

Healthy Families Trust Fund - Early Childhood Care and Education Account.

The second proposal includes the tobacco settlement proceeds in the calculation of total state revenue. Any of the moneys not subject to a refund shall be allocated to the same accounts as with the first proposal.