Legislature(2001 - 2002)

2001-05-01 Senate Journal

Full Journal pdf

2001-05-01                     Senate Journal                      Page 1394
SB 94                                                                                             
The Health, Education and Social Services Committee considered                                      
SPONSOR SUBSTITUTE FOR SENATE BILL NO. 94 "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." Signing no recommendation: Senator Green,                                   
Chair, Senator Wilken. Signing amend: Senator Ward.                                                 
                                                                                                    
The following fiscal information was published today:                                               
 Fiscal Note No. 1, Department of Revenue                                                           
 Fiscal Note No. 2, Department of Revenue                                                           
 Fiscal Note No. 3, zero, Department of Education and Early                                         
  Development                                                                                       
                                                                                                    
The bill was referred to the Finance Committee.