HB 3083 - DIGEST

     Creates the long-term care account in the state treasury.  The  source of revenue for this account is moneys transferred to the account from the tobacco settlement account, investment earning, donations to the account, and other revenues as directed by law.  Expenditures from the account are subject to appropriation, and are limited to the purpose of providing long-term care services to the elderly, persons with developmental disabilities, and persons with mental illness.

     Provides that, on the effective date of this act, the state treasurer shall transfer ninety-five percent of any balance in the tobacco settlement account to the long-term care account and five percent of any balance in the tobacco settlement account to the tobacco prevention and control account.