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2001 SESSION

• | print version

HB 2872 Payments under Master Settlement Agreement.

Introduced by: Kathy J. Byron | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Securitization of payments under the Master Settlement Agreement. Authorizes the Governor to sell 50 percent of the revenues derived from the Master Settlement Agreement. Proceeds from the sale shall be deposited into the Tobacco Indemnification and Community Revitalization Endowment fund but shall be included in the general fund for car tax purposes. The income of the Endowment and up to five percent of the corpus of the Endowment shall be paid annually to the Tobacco Indemnification and Community Revitalization Fund.

FULL TEXT

• 02/20/01  House: Presented & ordered printed 011818210  pdf
• 02/21/01  House: Committee substitute printed 012973210-H1  pdf
• 02/22/01  House: Floor substitute printed 012974924-H2 (Byron)  pdf | impact statement

AMENDMENTS

• House amendments rejected

HISTORY

• 02/20/01  House: Introduced at the request of Governor
• 02/20/01  House: Presented & ordered printed 011818210
• 02/20/01  House: Referred to Committee on Finance
• 02/21/01  House: Committee substitute printed 012973210-H1
• 02/22/01  House: Reported from Finance with sub (12-Y 9-N)
• 02/22/01  House: VOTE: (78-Y 15-N)
• 02/22/01  House: Constitutional readings dispensed (78-Y 15-N)
• 02/22/01  House: Passed by temporarily
• 02/22/01  House: Pending question ordered
• 02/22/01  House: Committee substitute ruled out of order
• 02/22/01  House: Floor substitute printed 012974924-H2 (Byron)
• 02/22/01  House: VOTE: ADOPTION (55-Y 43-N)
• 02/22/01  House: Substitute by Del. Byron agreed to (55-Y 43-N)
• 02/22/01  House: Pending question ordered
• 02/22/01  House: Amendment by Del. Dudley rejected
• 02/22/01  House: VOTE: ADOPTION (48-Y 50-N)
• 02/22/01  House: Amendment by Del. Day rejected (48-Y 50-N)
• 02/22/01  House: Pending question ordered
• 02/22/01  House: Amendment by Del. Woodrum rejected
• 02/22/01  House: Engrossed by House - floor substitute 012974924-H1
• 02/22/01  House: VOTE: PASSAGE (58-Y 40-N)
• 02/22/01  House: Passed House with substitute (58-Y 40-N)
• 02/22/01  House: Communicated to Senate
• 02/22/01  Senate: Constitutional reading dispensed
• 02/22/01  Senate: Referred to Committee on Finance
• 02/23/01  Senate: Left in Finance (13-Y 3-N)