Introduced Version




HOUSE BILL No. 1454

_____


DIGEST OF INTRODUCED BILL



Citations Affected: IC 15-4-2-5.

Synopsis: Distribution of tobacco settlement funds. Appropriates a total of 30% of the tobacco lawsuit settlement for the next 25 years. Twenty percent is appropriated to the department of agriculture to make grants to those that own rights to tobacco production on January 1, 1999. Ten percent is appropriated to Purdue University for development of new crops to replace tobacco.

Effective: July 1, 1999.



Oxley


    January 19, 1999, read first time and referred to Committee on Ways and Means.






Introduced

First Regular Session 111th General Assembly (1999)


PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana Constitution) is being amended, the text of the existing provision will appear in this style type, additions will appear in this style type, and deletions will appear in this style type.
Additions: Whenever a new statutory provision is being enacted (or a new constitutional provision adopted), the text of the new provision will appear in this style type. Also, the word NEW will appear in that style type in the introductory clause of each SECTION that adds a new provision to the Indiana Code or the Indiana Constitution.
Conflict reconciliation: Text in a statute in this style type or this style type reconciles conflicts between statutes enacted by the 1998 General Assembly.

HOUSE BILL No. 1454


    A BILL FOR AN ACT to amend the Indiana Code concerning agriculture and animals and to make an appropriation.

Be it enacted by the General Assembly of the State of Indiana:

    SECTION 1. IC 15-4-2-5 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JULY 1, 1999]: Sec. 5. (a) There is appropriated from the proceeds accruing to Indiana under the settlement agreement referred to in subsection (b) the following amounts:
        (1) Twenty percent (20%) of the annual settlement to the department of agriculture for grants to owners of the rights to grow tobacco in Indiana that incur any losses due to reduced tobacco production. A grant recipient must have owned the right to grow tobacco on January 1, 1999. The grants must be based on reduced production by each recipient compared to 1998.
        (2) Ten percent (10%) of the annual settlement to Purdue University to develop new farm commodities to replace tobacco.
These appropriations continue through the end of the state fiscal year in which the last settlement payment is received.
    (b) This section refers to the master settlement agreement in the case of State of Indiana ex rel. Jeffrey A. Modisett, Attorney General of Indiana v. PHILIP MORRIS, INCORPORATED; R.J. REYNOLDS TOBACCO CO.; AMERICAN TOBACCO CORP.; BROWN & WILLIAMSON TOBACCO CORP.; LIGGETT & MYERS, INC.; LORILLARD TOBACCO CO., INC.; UNITED STATES TOBACCO COMPANY; B.A.T. INDUSTRIES, P.L.C.; BRITISH AMERICAN TOBACCO COMPANY; HILL & KNOWLTON, INC.; THE COUNCIL FOR TOBACCO RESEARCH - U.S.A., INC.; and THE TOBACCO INSTITUTE, INC.

Converted from WordPerfect by the Access Indiana Information Network

A PDF version of this document is available. The PDF document is formatted exactly the same as copies available from Legislative Services.

Complete information for House Bill 1454

1999 Legislative Session Information

Indiana General Assembly Homepage


You will need to download and install Acrobat Reader to view PDF documents.
IGA Homepage - Agency ListingACCESS INDIANA INFORMATION NETWORKKeyword Search - Contact Network

"The Official Website of the State of Indiana"