2003 House Bill 5222

Introduced in the House

Nov. 4, 2003

Introduced by Rep. William O'Neil (D-14)

To revise a provision of the legislation implementing the 1998 tobacco lawsuit master settlement agreement. Under the bill tobacco companies which are not parties to the agreement, and which pay into escrow accounts established to ensure future payments under the agreement, would not get annual refunds based on a formula of the aggregate escrow payments from both participating and non-participating companies. See Senate Bill 782.

Referred to the Committee on Tax Policy

Nov. 5, 2003

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Nov. 12, 2003

Passed in the House 88 to 16 (details)

To revise a provision of the legislation implementing the 1998 tobacco lawsuit master settlement agreement. Under the bill tobacco companies which are not parties to the agreement, and which pay into escrow accounts established to ensure future payments under the agreement, would not get annual refunds based on a formula of the aggregate escrow payments from both participating and non-participating companies. See Senate Bill 782 and House Bill 5221.

Received in the Senate

Nov. 13, 2003

Referred to the Committee on Finance