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2001 SESSION

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HB 2180 Tobacco Indemnification & Community Revitalization Comm.and Fund.

Introduced by: Allen W. Dudley | all patrons    ...    notes | add to my profiles | history

SUMMARY AS ENACTED WITH GOVERNOR'S RECOMMENDATION:

Tobacco Indemnification and Community Revitalization Commission. Amends the definition of active tobacco producer and quota holder and clarifies that obligations of the Tobacco Indemnification and Community Revitalization Commission shall not be a debt or grant or loan of credit of the Commonwealth. The bill also authorizes the Commission to make payments from the Tobacco Indemnification and Community Revitalization Fund to (i) quota holders to the extent such individuals are not being otherwise compensated by a federal loss assistance program based on substantially the same distribution criteria as established by the Commission, and (ii) tobacco dependent communities to assist in finding alternative uses for tobacco and tobacco-related business.

SUMMARY AS PASSED:

Tobacco Indemnification and Community Revitalization Commission. Amends the definition of active tobacco producer and quota holder and clarifies that obligations of the Tobacco Indemnification and Community Revitalization Commission shall not be a debt or grant or loan of credit of the Commonwealth. The bill also authorizes the Commission to make payments from the Tobacco Indemnification and Community Revitalization Fund to (i) quota holders to the extent such individuals are not being otherwise compensated by a federal loss assistance program based on substantially the same distribution criteria as established by the Commission, and (ii) tobacco dependent communities to assist in finding alternative uses for tobacco and tobacco-related business. Finally, the bill requires that the Commission appoint and employ an executive director and determine his compensation. The bill has an emergency enactment clause.

SUMMARY AS INTRODUCED:

Tobacco Indemnification and Community Revitalization Commission. Amends the definition of active tobacco producer and quota holder and clarifies that obligations of the Tobacco Indemnification and Community Revitalization Commission shall not be a debt or grant or loan of credit of the Commonwealth. The bill also authorizes the Commission to make payments from the Tobacco Indemnification and Community Revitalization Fund to (i) quota holders to the extent such individuals are not being otherwise compensated by a federal loss assistance program based on substantially the same distribution criteria as established by the Commission, and (ii) tobacco dependent communities to assist in finding alternative uses for tobacco and tobacco-related business. The bill has an emergency enactment clause.