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CT HB05470
Bill
Status
Introduced
3/5/2020
Primary Sponsor
Judiciary Committee
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AI Summary
- Establishes a Tobacco Settlement Fund as a nonlapsing fund to receive and manage all state funds from the Master Settlement Agreement executed November 23, 1998
- Authorizes the State Treasurer to invest funds from the Tobacco Settlement Fund, Tobacco and Health Trust Fund, and Biomedical Research Trust Fund according to prudent investment standards, with interest credited back to each fund
- Requires $100,000 annual appropriation to the Office of the Attorney General beginning fiscal year 2021 to develop educational programs on health dangers of tobacco use for persons under twenty-one years of age, in collaboration with local health districts and student groups
- Maintains existing $100,000 annual appropriation to the Department of Revenue Services and $25,000 to the Attorney General for enforcement of tobacco-related provisions
- Takes effect July 1, 2020
Legislative Description
An Act Concerning Tobacco Use Prevention Programs For Persons Under Twenty-one Years Of Age.
Last Action
Public Hearing 03/18
3/12/2020
Committee Referrals
Judiciary3/5/2020
Full Bill Text
No bill text available