- Introduced -
SJR 29 - 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 as follows:
13.8 percent to the Healthy Families Trust Fund - Seniors and Catastrophic Prescription Drug Account;
45.3 percent to the Healthy Families Trust Fund - Health Care Treatment and Access Account;
15.6 percent to the Healthy Families Trust Fund - Tobacco Prevention, Education, and Cessation Account;
15.2 percent to the Healthy Families Trust Fund - Life Sciences Research Account; and
10.1 percent to the 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 in the same percentages as with the first proposal.
CINDY KADLEC