2001-04-26                     Senate Journal                      Page 1281
SB 94                                                                                             
SPONSOR SUBSTITUTE FOR SENATE BILL NO. 94 BY                                                        
SENATOR TAYLOR, entitled:                                                                           
                                                                                                    
          "An Act relating to the financing of major                                                
          maintenance of public school facilities; authorizing                                      
          the commissioner of revenue to sell the right to                                          
          receive a portion of the anticipated revenue from a                                       
          certain tobacco litigation settlement to the Northern                                     
          Tobacco Securitization Corporation; relating to the                                       
          deposit of certain anticipated revenue from a certain                                     
          tobacco litigation settlement; authorizing the issuance                                   
          of bonds by the Northern Tobacco Securitization                                           
          Corporation with proceeds to finance public school                                        
          major maintenance; and providing for an effective                                         
          date."                                                                                    
                                                                                                    
was read the first time and referred to the Health, Education and Social                            
Services and Finance Committees.