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CS/HB 1721: Tobacco Settlement Proceeds

GENERAL BILL by Financial Services ; Lacasa ; Fasano ; (CO-INTRODUCERS) Byrd ; Maygarden ; Crow ; Bitner ; Rubio ; Feeney

Tobacco Settlement Proceeds; creates Tobacco Settlement Financing Corp.; authorizes corporation to enter into certain purchase agreements with Banking & Finance Dept. for certain purposes; exempts corporation from taxation; provides for additional funding of Lawton Chiles Endowment Fund; prescribes amount of bond or equivalent surety required to stay execution of punitive-damages judgments in class-action suits, etc. Creates 215.56005, 768.733; amends 17.41, 215.5601. APPROPRIATION: $5,100,000.

Effective Date: 05/09/2000
Last Action: 5/9/2000 - Signed by Officers and presented to Governor; Approved by Governor; Chapter No. 2000-128
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
3/6/2000 House • Prefiled
3/7/2000 House • Introduced -HJ 00112
3/10/2000 House • Referred to Financial Services (CAC); Governmental Rules & Regulations (PRC); Finance & Taxation (FRC); General Appropriations (FRC) -HJ 00284
3/30/2000 House • On Committee agenda-- Financial Services (CAC), 04/03/00, 3:15 pm, 214-C
4/3/2000 House • Comm. Action: CS by Financial Services (CAC); YEAS 10 NAYS 0 -HJ 00539
4/12/2000 House • CS read first time on 04/12/00 -HJ 00531; Pending review of CS under Rule 113 -HJ 00539
4/14/2000 House • Now in Governmental Rules & Regulations (PRC) -HJ 00539
4/18/2000 House • Withdrawn from Governmental Rules & Regulations (PRC) -HJ 00557; Now in Finance & Taxation (FRC)
4/25/2000 House • On Committee agenda-- Finance & Taxation (FRC), 04/26/00, 8:00 am, Morris Hall --Pending reconsideration
4/26/2000 House • On Committee agenda-- Finance & Taxation (FRC), 04/26/00, 5:00 pm, Morris Hall; Comm. Action: Favorable with 12 amendment(s) by Finance & Taxation (FRC); YEAS 14 NAYS 2 -HJ 00835; Now in General Appropriations (FRC) -HJ 00835
4/27/2000 House • Withdrawn from General Appropriations (FRC) -HJ 00888; Placed on Calendar
4/28/2000 House • Placed on Special Order Calendar; Read second time -HJ 01181; Amendment(s) adopted -HJ 01182
5/3/2000 House • Read third time -HJ 01471; CS passed as amended; YEAS 88 NAYS 29 -HJ 01471
5/3/2000 Senate • In Messages; Received, referred to Governmental Oversight and Productivity -SJ 01002; Immediately withdrawn from Governmental Oversight and Productivity -SJ 00987; Substituted for CS/CS/SB 1998 -SJ 00987; Read second time -SJ 00987; Amendment(s) adopted -SJ 00987; Read third time -SJ 00994; CS passed as amended; YEAS 39 NAYS 0 -SJ 00994; Conference Committee appointed; Senator Burt, Chair; Horne, Rossin; In the event the House refuses to concur -SJ 00994
5/3/2000 House • In returning messages
5/4/2000 House • Refused to concur -HJ 01533; Conference Committee appointed; Representatives Lacasa, Gay, Gottlieb -HJ 01540
5/5/2000 House • Conference Committee Report received -HJ 02226; Conference Committee Report adopted -HJ 02230; Passed as amended by Conference Committee Report; YEAS 115 NAYS 0 -HJ 02230
5/5/2000 Senate • In returning messages; Conference Committee Report received -SJ 01438; Conference Committee Report adopted -SJ 01442; Passed as amended by Conference Committee Report; YEAS 38 NAYS 0 -SJ 01442; Reconsidered -SJ 01442; Passed as amended by Conference Committee Report; YEAS 39 NAYS 0 -SJ 01442
5/5/2000 House • Ordered engrossed, then enrolled -HJ 02441
5/9/2000 • Signed by Officers and presented to Governor; Approved by Governor; Chapter No. 2000-128