2006-05-04                     Senate Journal                      Page 3157
HB 381                                                                                            
CS FOR HOUSE BILL NO. 381(FIN) BY THE HOUSE FINANCE                                                 
COMMITTEE,                                                                                          
                                                                                                    
          "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."                                                         
                                                                                                    
was read the first time and referred to the Finance Committee.