05RS HB132

HB132

WWW Version

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HB 132/FN (BR 824) - R. Rand, R. Wilkey, R. Adams, R. Adkins, A. Arnold, J. Arnold Jr, J. Barrows, S. Baugh, C. Belcher, J. Bruce, T. Burch, Dw. Butler, J. Carr, M. Cherry, L. Clark, H. Collins, T. Couch, J. Crenshaw, R. Damron, J. DeCesare, W. Dedman Jr, M. Denham, T. Edmonds, D. Ford, D. Graham, J. Gray, M. Harmon, M. Harper, J. Higdon, C. Hoffman, T. McKee, C. Miller, H. Moberly Jr, R. Mobley, L. Napier, R. Nelson, F. Nesler, S. Nunn, R. Palumbo, D. Pasley, T. Pullin, M. Rader, J. Richards, S. Rudy, C. Siler, A. Smith, J. Stewart III, T. Thompson, T. Turner, M. Weaver, R. Webb, S. Westrom, B. Yonts

     AN ACT relating to Phase II tobacco settlement funding, appropriating funds therefor, and declaring an emergency.
     Authorize state bond funds to provide Phase II Tobacco Settlement funding.

HB 132 - AMENDMENTS


     HCS/FN - Retain the provisions of HB 132; empower Kentucky Tobacco Settlement Trust Corporation to issue bonds and distribute bond proceeds; provide that beneficiaries assign rights to future moneys from on-going litigation or Congressional action up to the amount of moneys received under this Act; provide income tax exemption status for moneys received under this Act.

     Jan 6-introduced in House
     Jan 7-to Agriculture and Small Business (H)
     Feb 1-reassigned to Appropriations and Revenue (H); posting waived
     Feb 2-reported favorably, 1st reading, to Calendar with Committee Substitute
     Feb 3-2nd reading, to Rules; posted for passage in the Regular Orders of the Day for February 4, 2005
     Feb 4-3rd reading, passed 92-0 with Committee Substitute
     Feb 7-received in Senate
     Feb 10-to Appropriations and Revenue (S)


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