Introduced by Rep. Shanelle Jackson (D) on June 7, 2007, to clarify that the $415 million borrowed against future tobacco lawsuit settlement proceeds as part of the deal
to borrow and shift funds to avoid spending cuts in the Fiscal Year 2006-2007 budget, is not to be credited to the 21st Century Jobs Trust Fund, but to cover the other spending enabled by the deal. The bill was introduced because the legislative "vehicle" for the deficit financing of current year spending was a bill amending the 2006 law authorizing $400 million in borrowing for the the “21st Century Jobs Fund” business subsidy program.
Referred to the House Appropriations Committee on June 7, 2007.
Reported in the House on June 14, 2007, without amendment and with the recommendation that the bill pass.
Referred to the Senate Appropriations Committee on June 19, 2007.
Reported in the Senate on June 26, 2007, with the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered in the Senate on June 27, 2007, to replace the previous version of the bill with one that also authorizes transferring $50 million from the “21st Century Jobs Fund” business subsidy program to the general fund as part of the current year budget deal. The substitute passed in the Senate by voice vote on June 27, 2007.
Amendment offered by Sen. Mark Schauer (D) on June 27, 2007, to require that in 2016, $30 million be transferred from the “21st Century Jobs Fund” business subsidy program to the general fund. The amendment failed in the Senate (18 to 19) on June 27, 2007. [Vote Details and Comments]
Passed in the Senate (20 to 17) on June 27, 2007, to clarify that the $415 million borrowed against future tobacco lawsuit settlement proceeds as part of the deal
to borrow and shift funds to avoid spending cuts in the Fiscal Year 2006-2007 budget, is not to be credited to the 21st Century Jobs Trust Fund, but to cover the other spending enabled by the deal. The bill was introduced because the legislative "vehicle" for the deficit financing of current year spending was a bill amending the 2006 law authorizing $400 million in borrowing for the the “21st Century Jobs Fund” business subsidy program. The bill also authorizes transferring $50 million from that subsidy fund to the general fund as part of the current year budget deal. [Vote Details and Comments]
Received in the House on June 27, 2007.
Amendment offered by Rep. Shanelle Jackson (D) on June 28, 2007, to require that in 2016, $30 million be transferred from the “21st Century Jobs Fund” business subsidy program to the general fund. The amendment passed in the House by voice vote on June 28, 2007.
Passed in the House (74 to 33) on June 28, 2007, to clarify that the $415 million borrowed against future tobacco lawsuit settlement proceeds as part of the deal
to borrow and shift funds to avoid spending cuts in the Fiscal Year 2006-2007 budget, is not to be credited to the 21st Century Jobs Trust Fund, but to cover the other spending enabled by the deal. The bill was introduced because the legislative "vehicle" for the deficit financing of current year spending was a bill amending the 2006 law authorizing $400 million in borrowing for the the “21st Century Jobs Fund” business subsidy program. The bill also authorizes transferring $50 million from that subsidy fund to the general fund as part of the current year budget deal, and places in statute that $30 million be returned in 2016 (assuming a succeeding legislature does not change that). [Vote Details and Comments]
1) cancer [by Anonymous Citizen on December 8, 2007] what give's the goverment the write to take money that should go to the pepole with cancer from smoken like me that could use it will being off work for cancer surgery to help pay my bills till i get back to work to pay your wages we payed all those high taxes on cigs all these years yea its my falt for having cancer for smoken but what gives you the write to take the money from us all smokers and exsmoker it shoud go to help people quite and medical expens ect Reply
2) Sen. Cassis "no vote explanation" [by Admin003 on August 2, 2007] Senator Cassis, under her constitutional right of protest (Art. 4, Sec. 18), protested against concurring in the House amendments to the Senate substitute to House Bill No.4884 and moved that her statement be printed as her reasons for voting "no."
The motion prevailed.
Senator Cassis' statement is as follows:
I rise to express my "no" vote on House Bill No.4884. My "no" vote is consistent with my previous votes of nonsupport for the 21st century slush fund. I ask this question: "How can today's legislators make a promise that future legislators are not beholding to keep?"
3) Sen. Schauer's "journal statment" [by Admin003 on June 29, 2007] Senator Schauer's statement is as follows:
I would ask for your support of this amendment that merely preserves and codifies the 2007 budget agreement with regard to the transfer of $30 million from the 21st Century Jobs Fund to the General Fund. While that transfer from this fund should raise some concerns because in itself it is undermining our economic development efforts in this state, certainly, the breach of an agreement that would have repaid those funds is even worse. This is bad for business in this state.It's bad economic development policy, and unfortunately, it's breaking an agreement that would have repaid $30million that is being taken from the 21st Century Jobs Fund.