71st OREGON LEGISLATIVE ASSEMBLY--2001 Regular Session
 
HA to A-Eng. HB 3951
 
LC 4168/HB 3951-A2
 
                       HOUSE AMENDMENTS TO
                   A-ENGROSSED HOUSE BILL 3951
 
              By JOINT COMMITTEE ON WAYS AND MEANS
 
                             June 30
 
  Delete lines 4 through 24 of the printed A-engrossed bill and
insert:
  '  { +  SECTION 1. + }  { + There is established in the State
Treasury, separate and distinct from the General Fund, the Health
Care Trust Fund. The Health Care Trust Fund shall consist of
moneys, in amounts directed by the Legislative Assembly, paid to
this state by United States tobacco products manufacturers under
the Master Settlement Agreement of 1998. + }
  '  { +  SECTION 2. + }  { + All earnings on moneys in the
Health Care Trust Fund are continuously appropriated to the
Oregon Department of Administrative Services and shall be
expended only for the purpose of financing health programs. + }
  '  { +  SECTION 3. + }  { + Moneys in the Health Care Trust
Fund shall be invested as provided in ORS 293.701 to 293.790 and
the earnings from such investments shall be credited to the fund.
Earnings shall be distributed annually or as directed by the
Director of the Oregon Department of Administrative Services. + }
' .
  In line 25, delete '5' and insert '4'.
                         ----------