5077-S AMS LIIA KEEG 017

SSB 5077 - S AMD 292

By Senators Liias, Kohl-Welles, Frockt, Habib, Hobbs

WITHDRAWN 04/03/2015

    On page 220, line 10, strike "$26,000,000" and insert "16,000,000".

    On page 220, line 15, strike "25,400,000" and insert "15,400,000".

    On page 220, line 16, strike everything from "Life Science Discovery Fund" through "$15,900,000".

    On page 220, line 16, insert the following:

"Tobacco Settlement Account: For transfer to the life sciences discovery fund, from the amounts deposited in the account that are attributable to the annual strategic payment received in fiscal year 2016…………. $10,000,000.

Tobacco Settlement Account: For transfer to the life sciences discovery fund, from the amounts deposited in the account that are attributable to the annual strategic payment received in fiscal year 2017…………. $10,000,000"

EFFECT: Transfers funds from the Tobacco Settlement Account to the Life Sciences Fund.

FISCAL IMPACT: Resources are reduced to the General Fund--State by $35.9 million.

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