Legislature(2005 - 2006)

2006-05-06 Senate Journal

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2006-05-06                     Senate Journal                      Page 3229
HB 381                                                                                            
The Finance Committee considered CS FOR HOUSE BILL NO.                                              
381(FIN) "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" and recommended it                                
be replaced with                                                                                    
                                                                                                    
                     SENATE CS FOR CS FOR HOUSE BILL NO.                                           
          381(FIN)                                                                                  
                                                                                                    
Signing do pass: Senators Wilken, Green, Cochairs; Senators Bunde,                                  
Hoffman, Olson, Stedman. Signing no recommendation: Senator                                         
Dyson.                                                                                              
                                                                                                    
The following previously published fiscal information applies:                                      
     Fiscal Note No. 1, zero, Department of Administration                                          
                                                                                                    
The bill is on today's calendar.