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2012 Senate Bill 6632: Addressing the disposition of the state's revenues from the master settlement agreement
Introduced in the Senate on March 23, 2012
Secures the revenue stream from the master settlement agreement between the state and tobacco product manufacturers in order to provide a source of revenue for the state and federal basic health plan and other medical care services. Issues nonrecourse revenue bonds to make funds available for these medical care services as a bridge to full implementation of the federal affordable care act in 2014. Provides for submission of the act to a vote of the people.   Official Text and Analysis.
Referred to the Senate Ways & Means Committee on March 23, 2012