BILL · 2001–02 SESSION

SB 6828: Tobacco settlement revenues

Securitizing a portion of the state's revenue from the tobacco litigation national master settlement agreement.

Summary

  • $ Establishes the Tobacco Settlement Authority (TSA).
  • $ Authorizes the Governor to sell the TSA a portion of the state's right to receive payments under the Master Settlement Agreement with the tobacco companies.
  • $ Authorizes the TSA to issue bonds against the payments.
  • $ Net bond proceeds are deposited in a trust account.
  • Majority/Minority Report: None.

From the House Bill Report (SB 6828), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 365, Laws of 2002
  1. IntroducedMar 4, 2002
  2. Out of committeeMar 7, 2002
  3. Passed SenateMar 9, 2002
  4. Passed HouseMar 12, 2002
  5. GovernorApr 4, 2002
  6. LawApr 4, 2002
Prime sponsor
Lisa Brown (D-3)
Introduced
March 4, 2002 in the Senate
Last action
April 4, 2002
Session law
Chapter 365, Laws of 2002

AN ACT Relating to the disposition of the state's revenues from the tobacco litigation national master settlement agreement;

Sponsors

Prime sponsor: Lisa Brown (D-3)

1 co-sponsor (0 Democrats, 1 Republican)

Votes

Senate · 3rd Reading & Final Passage

Passed March 9, 2002
Version voted on: SB 6828
25 Yea 24 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat24100
Republican12300
How each member voted

House · Final Passage as Amended by the House

Passed March 12, 2002
Version voted on: SB 6828
50 Yea 46 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat50000
Republican04602
How each member voted

Yea (50)

Excused (2)

Senate · Final Passage as Amended by the House

Passed March 13, 2002
Version voted on: SB 6828
25 Yea 23 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat24100
Republican12201
How each member voted
12 other recorded votes (amendments, procedural motions)

House · Amendment 0545 by Alexander (page 6, line 32)

March 12, 2002
Version voted on: SB 6828
46 Yea 50 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat05000
Republican46002
How each member voted

Nay (50)

Excused (2)

House · Amendment 0548 by Dunn (page 6, line 32)

March 12, 2002
Version voted on: SB 6828
46 Yea 50 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat05000
Republican46002
How each member voted

Nay (50)

Excused (2)

House · Amendment 0547 by Benson (page 6, line 32)

March 12, 2002
Version voted on: SB 6828
46 Yea 50 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat05000
Republican46002
How each member voted

Nay (50)

Excused (2)

House · Amendment 0564 by Sehlin (page 6, line 32)

March 12, 2002
Version voted on: SB 6828
46 Yea 50 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat05000
Republican46002
How each member voted

Nay (50)

Excused (2)

House · Amendment 0555 by Clements (page 7, line 38)

March 12, 2002
Version voted on: SB 6828
46 Yea 50 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat05000
Republican46002
How each member voted

Nay (50)

Excused (2)

House · Amendment 0557 by Cairnes (page 9, line 15)

March 12, 2002
Version voted on: SB 6828
45 Yea 50 Nay 1 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat05000
Republican45002
How each member voted

Nay (50)

Excused (2)

House · Amendment 0542 by Roach (page 1, line 7)

March 12, 2002
Version voted on: SB 6828
46 Yea 50 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat05000
Republican46002
How each member voted

Nay (50)

Excused (2)

House · Amendment 0543 by Campbell (page 1, line 7)

March 12, 2002
Version voted on: SB 6828
46 Yea 50 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat05000
Republican46002
How each member voted

Nay (50)

Excused (2)

House · Amendment 0544 by Nixon (page 1, line 7)

March 12, 2002
Version voted on: SB 6828
46 Yea 50 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat05000
Republican46002
How each member voted

Nay (50)

Excused (2)

House · Amendment 0546 by DeBolt (page 1, line 7)

March 12, 2002
Version voted on: SB 6828
46 Yea 50 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat05000
Republican46002
How each member voted

Nay (50)

Excused (2)

House · Amendment 0556 by Pearson (page 1, line 7)

March 12, 2002
Version voted on: SB 6828
46 Yea 50 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat05000
Republican46002
How each member voted

Nay (50)

Excused (2)

House · Amendment 0563 by Boldt (page 1, line 7)

March 12, 2002
Version voted on: SB 6828
46 Yea 50 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat05000
Republican46002
How each member voted

Nay (50)

Excused (2)

History

  1. Effective date 4/4/2002.
  2. Chapter 365, 2002 Laws.
  3. Governor signed.
  4. President signed.
  5. Speaker signed.
  6. Delivered to Governor.
  7. Passed final passage; yeas, 25; nays, 23; absent, 0; excused, 1.
  8. Senate concurred in House amendments.
  9. Read first time, rules suspended, and placed on second reading calendar.
  10. Rules suspended. Placed on Third Reading.
  11. Floor amendment(s) adopted.
  12. Third reading, passed; yeas, 50; nays, 46; absent, 0; excused, 2.
  13. Third reading, passed; yeas, 25; nays, 24; absent, 0; excused, 0.
  14. Rules suspended. Placed on Third Reading.
  15. Minority; do not pass.
  16. WM - Majority; do pass.
  17. Passed to Rules Committee for second reading.
  18. Placed on second reading by Rules Committee.
  19. First reading, referred to Ways & Means.

SB 6828 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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