Date: 02/27/2014

Final
BILL SUMMARY for SB14-104

HOUSE COMMITTEE ON FINANCE

Votes: View--> Action Taken:
Refer Senate Bill 14-104 to the Committee of the WPASS



10:07 AM -- SB14-104

Representative Court, Chair, called the meeting to order.

Representative Duran came to the table to present Senate Bill 14-104. A Joint Budget Committee summary of the bill was distributed to the committee (Attachment A). Representative Duran explained that the bill requires that any disputed tobacco litigation settlement moneys received be credited to the Tobacco Litigation Settlement Cash Fund and be used to reduce the annual amount of accelerated payments from the fund. Under current law, disputed tobacco litigation settlement moneys are credited to the General Fund. She responded to questions on the diversion of funds required by the bill.

14HseFin0227AttachA.pdf14HseFin0227AttachA.pdf
BILL:SB14-104
TIME: 10:12:51 AM
MOVED:Court
MOTION:Refer Senate Bill 14-104 to the Committee of the Whole. The motion passed on a vote of 11-0, with 2 members excused.
SECONDED:Kagan
VOTE
Becker
Yes
DelGrosso
Yes
Foote
Yes
Joshi
Yes
Kagan
Yes
Melton
Yes
Pabon
Yes
Priola
Yes
Saine
Excused
Swalm
Yes
Wilson
Excused
Labuda
Yes
Court
Yes
YES: 11 NO: 0 EXC: 2 ABS: 0 FINAL ACTION: PASS