To establish a segregated fund to hold receipts from the sale or “securitization” of a portion of the revenue stream from the 1998 tobacco company lawsuit settlement, as required by the business subsidy programs proposed by House Bill 5047. House Bill 5108 uses some of the interest earned on the proposed fund to offset some of the tax revenue "lost" by business tax cuts.
103 Yeas / 1 Nay | |
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Excused or Not Voting (6) | |
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