Attorney General No.

SA1999RF0067

Secretary of State No.

886

Description

CALIFORNIA TOBACCO LITIGATION SETTLEMENT FUNDS. ALLOCATING STATE USE TO DESIGNATED HEALTH PROGRAMS. INITIATIVE STATUTE. Establishes California Tobacco Settlement Fund effective 1/1/2001. Requires state monies received from the 1998 national tobacco litigation settlement be paid into Fund and restricts annual allocation of Fund to designated categories of health care services including: prescription drugs, community based long term care, emergency medical services, tobacco prevention, nonprofit clinics, school nurses services, trauma centers, certain hospitals, poison control centers and other programs. Legislature, by two-thirds vote, may reallocate tobacco settlement proceeds when state tax revenues are forecasted to be less than the prior fiscal year. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local governments: Measure would result in a General Fund revenue loss, and a corresponding state special fund revenue gain, ranging from about $390 million to about $470 million annually (plus inflation adjustments).

Proponents

James E. Randlett Randlett/Nelson Associates, 1110 Second Street, Sacramento, Ca 95814

Date

1-26-2000

Document Type

Initiative

Qualified

Failed to Qualify

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