HB 643-FN – AS INTRODUCED

2007 SESSION

07-1066

09/10

HOUSE BILL 643-FN

AN ACT relative to the distribution of tobacco settlement funds.

SPONSORS: Rep. Grassie, Straf 1; Rep. Hilliard, Straf 2; Rep. W. Chase, Ches 1

COMMITTEE: Finance

ANALYSIS

This bill changes the distribution of tobacco settlement funds over a 10-year period, in order to increase the amount distributed annually to the tobacco use prevention fund to 100 percent of tobacco settlement funds received and decrease the amount annually distributed to the education trust fund to zero.

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

07-1066

09/10

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Seven

AN ACT relative to the distribution of tobacco settlement funds.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 Tobacco Use Prevention Fund. RSA 126-K:15 is repealed and reenacted to read as follows:

126-K:15 Tobacco Use Prevention Fund.

I. There is hereby established in the office of the state treasurer a fund to be known as the tobacco use prevention fund. Tobacco settlement funds received by the state of New Hampshire shall be distributed between the tobacco use prevention fund and the education trust fund as follows:

(a) For fiscal year 2008, 10 percent shall be deposited in the tobacco use prevention fund and 90 percent shall be deposited in the education trust fund.

(b) For fiscal year 2009, 20 percent shall be deposited in the tobacco use prevention fund and 80 percent shall be deposited in the education trust fund.

(c) For fiscal year 2010, 30 percent shall be deposited in the tobacco use prevention fund and 70 percent shall be deposited in the education trust fund.

(d) For fiscal year 2011, 40 percent shall be deposited in the tobacco use prevention fund and 60 percent shall be deposited in the education trust fund.

(e) For fiscal year 2012, 50 percent shall be deposited in the tobacco use prevention fund and 50 percent shall be deposited in the education trust fund.

(f) For fiscal year 2013, 60 percent shall be deposited in the tobacco use prevention fund and 40 percent shall be deposited in the education trust fund.

(g) For fiscal year 2014, 70 percent shall be deposited in the tobacco use prevention fund and 30 percent shall be deposited in the education trust fund.

(h) For fiscal year 2015, 80 percent shall be deposited in the tobacco use prevention fund and 20 percent shall be deposited in the education trust fund.

(i) For fiscal year 2016, 90 percent shall be deposited in the tobacco use prevention fund and 10 percent shall be deposited in the education trust fund.

(j) For fiscal year 2016 and following fiscal years, 100 percent shall be deposited in the tobacco use prevention fund.

II. Moneys in this fund shall be nonlapsing and continually appropriated for tobacco use prevention and cessation programs, which shall include but not be limited to:

(a) Tobacco use prevention community programs and grants.

(b) Tobacco use prevention school programs and grants.

(c) Tobacco use prevention statewide programs and grants.

(d) Tobacco use cessation programs.

(e) Tobacco use prevention and cessation counter marketing.

(f) Evaluation of tobacco control initiatives.

(g) Administration and enforcement.

2 Education Trust Fund. Amend RSA 198:39, I(i) to read as follows:

(i) Tobacco settlement funds in the amount [of $40,000,000] annually determined under RSA 126-K:15, I.

3 Effective Date. This act shall take effect July 1, 2007.

LBAO

07-1066

Revised 02/01/07

HB 643 FISCAL NOTE

AN ACT relative to the distribution of tobacco settlement funds.

FISCAL IMPACT:

METHODOLOGY: