Legislature(2005 - 2006)

2006-05-09 House Journal

Full Journal pdf

2006-05-09                     House Journal                      Page 3974
HB 381                                                                                            
A message dated May 9, 2006, was read stating the Senate has passed                                 
CSHB 381(FIN) with the following amendment and it is transmitted                                    
for consideration:                                                                                  
                                                                                                    
              SENATE CS FOR CS FOR HOUSE BILL NO. 381(FIN) am S                                    
     "An Act relating to the financing of construction, major                                       
     maintenance, and renovation of certain capital projects;                                       
     authorizing the commissioner of revenue to sell the right to                                   
     receive a portion of the anticipated revenue from a tobacco                                    
     litigation settlement to the Northern Tobacco Securitization                                   
     Corporation, and relating to that sale and the use of the revenue;                             
     authorizing the Northern Tobacco Securitization Corporation to                                 
     issue bonds and use the proceeds to acquire the right to receive a                             
     portion of anticipated revenue from a tobacco litigation settlement                            
     and for other purposes, and relating to those bonds; and providing                             
     for an effective date."                                                                        
                                                                                                    
CSHB 381(FIN) is under Unfinished Business.