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Current Status Bill Number:View additional legislative information at the LPITS web site.3262 Type of Legislation:General Bill GB Introducing Body:House Introduced Date:19990112 Primary Sponsor:Battle All Sponsors:Battle, Rhoad, Barfield Drafted Document Number:l:\council\bills\gjk\20118sd99.doc Residing Body:House Current Committee:Ways and Means Committee 30 HWM Subject:Attorney General, Agriculture, Tobacco litigation settlement funds; portion to aid communities dependent on farming History Body Date Action Description Com Leg Involved ______ ________ ______________________________________ _______ ____________ House 19990112 Introduced, read first time, 30 HWM referred to Committee Versions of This Bill
TO AMEND SECTION 1-7-150, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE ACCOUNTING OF THE ATTORNEY GENERAL TO THE STATE TREASURER FOR MONIES RECEIVED BY HIM AND THE DEPOSIT OF CERTAIN LITIGATION AWARDS INTO THE STATE GENERAL FUND, SO AS TO PROVIDE THAT AT LEAST ONE-THIRD OF FUNDS RECEIVED IN ANY FISCAL YEAR FROM SOUTH CAROLINA'S PORTION OF THE NATIONAL TOBACCO LITIGATION SETTLEMENT MUST BE USED TO PROVIDE AID AND OTHER ASSISTANCE TO COMMUNITIES DEPENDENT ON TOBACCO FARMING IN THE MANNER THE GENERAL ASSEMBLY SHALL PROVIDE.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 1-7-150(B) of the 1976 Code, as last amended by Section 18 of Act 419 of 1998, is further amended to read:
"(B) All monies, except investigative costs or costs of litigation awarded by court order or settlement, awarded the State of South Carolina by judgment or settlement in actions or claims brought by the Attorney General on behalf of the State or one of its agencies or departments must be deposited in the general fund of the State, except for monies recovered for losses or damages to natural resources, which must be deposited in the Mitigation Trust Fund, or where some other disposition is required by law. However, of the funds received in any fiscal year from South Carolina's portion of the national tobacco litigation settlement where various states brought suit to recover the health and related costs expended by them on behalf of their citizens who used cigarettes and tobacco products, at least one-third of these funds must be used each year to provide aid and other assistance to communities dependent on tobacco farming in the manner the General Assembly shall provide in the annual general appropriations bill for that year."
SECTION 2. This act takes effect upon approval by the Governor.
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