REPORT TITLE: 
Tobacco agreement special fund


DESCRIPTION:
Establishes the tobacco agreement special fund to consist of
half of the amount paid to the state by the tobacco companies
pursuant to the tobacco agreement.  Specifies that the special
fund is to be used for programs to provide tobacco use
prevention services and health-related initiatives.

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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                                     H.B. NO.           
                                                        
                                                        

RELATING TO TOBACCO.



BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

 1      SECTION 1.  The Hawaii Revised Statutes is amended by adding
 
 2 a new section to be appropriately designated and to read as
 
 3 follows:
 
 4      "§   -    Tobacco agreement special fund.  There is
 
 5 established the tobacco agreement special fund to be administered
 
 6 by the department of health.  Fifty per cent of the payments made
 
 7 to the state pursuant to the tobacco settlement agreement entered
 
 8 into by the State on November 11, 1998, with various tobacco
 
 9 product manufacturers shall be deposited into the special fund.
 
10 All interest earned or accrued on moneys deposited in the special
 
11 fund shall become part of the special fund.  Moneys in the
 
12 special fund shall be expended for programs to provide education
 
13 with the goal of preventing tobacco use and for health-related
 
14 initiatives."
 
15      SECTION 2.  New statutory material is underscored.
 
16      SECTION 3.  This Act shall take effect upon its approval.
 
17 
 
18                       INTRODUCED BY:  ___________________________
 
19 ___________________________           ___________________________
 
20 ___________________________           ___________________________
 

 
 
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                                     H.B. NO.           
                                                        
                                                        
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