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CALIFORNIA
AB 112 Local government: tobacco settlement.BILL NUMBER: AB 112 AMENDED 04/08/99INTRODUCED BY Assembly Member FlorezDECEMBER 23, 1998An act to add Section 25350.2 to the Government Code, relating to local government.SECTION 1. Section 25350.2 is added to the Government Code, to read:
25350.2. (a) All of the total recovery
money that is allocated to the cities and counties of California pursuant
to the memorandum of understanding from the settlement of the coordinated
tobacco litigation in the matter of Tobacco Cases I, Case Number 4041,
Department 46 of the Superior Court, County of San Diego, (b) The governing body of a city, county, or city and county, may, by resolution, deposit those moneys in a special Tobacco Litigation Settlement Fund in the State Treasury to be used for both of the following:
(1) The principal and interest from the fund shall be available to cities and counties to guarantee payment under an agreement to finance capital improvements.
(2) Security for certificates of participation for local capital projects. |
Bill
Number : A.B. No. 112
Author : Florez
Topic : Local government: tobacco settlement.
Bill
History
1999
May 20 In Senate. Read first time. To Com. on RLS. for assignment.
May 20 Read third time, passed, and to Senate. (Ayes 67. Noes 1. Page 1744.)
May 17 Read second time. To third reading.
May 13 From committee: Do pass. (Ayes 12. Noes 4.) (May 12).
Apr. 19 From committee: Do pass, and re-refer to Com. on APPR. Re-referred.
(Ayes 14. Noes 1.)
(April 19).
Apr. 14 From committee: Do pass, and re-refer to Com. on G.O. Re-referred.
(Ayes 8. Noes 0.) (April
14).
Apr. 12 Re-referred to Com. on L. GOV.
Apr. 8 From committee chair, with author's amendments: Amend, and re-refer
to Com. on L. GOV.
Read second time and amended.
Apr. 8 Referred to Coms. on L. GOV. and G.O.
Jan. 4 Read first time.
1998
Dec. 24 From printer. May be heard in committee January 23.
Dec. 23 Introduced. To print.