GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1999

H	1 

HOUSE BILL 1431

Short Title:  Tobacco and Health Trust Funds.	(Public)

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Sponsors: Representatives Braswell, Alexander, Allen (Primary Sponsors); Cole, Cox, Crawford, Edwards, Fox, Haire, Hill, Luebke, McLawhorn, Nesbitt, Owens, Redwine, Rogers, Smith, Sutton, Tolson, Tucker, Warren, Warwick, Womble, and Yongue.

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Referred to:  Select Committee on Tobacco Settlement.

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April 29, 1999

A BILL TO BE ENTITLED
AN ACT TO PROVIDE FOR THE CREATION OF A TOBACCO TRUST RESERVE FUND AND A HEALTH TRUST RESERVE FUND AND COMMISSIONS TO ADMINISTER THOSE FUNDS.
The General Assembly of North Carolina enacts:
Section 1.  This act creates the Tobacco Trust Reserve Fund and the Health Trust Reserve Fund called for in S.L. 1999-2, allocates to each of those Funds monies from the Settlement Reserve Fund, and creates commissions to administer those Funds.
Section 2.  This act is effective when it becomes law.