AMENDMENT FOR HOUSE STATE AFFAIRS COMMITTEE ENGROSSED BILL
                                            1094fa

_________________ moved that HB 1094 be amended as follows:

     On the House State Affairs committee engrossed bill, delete everything after the enacting clause and insert:

"      Section 1. The tobacco settlement health trust fund is established in the state treasury. Money received from the Master Settlement Agreement, signed on November 23, 1998, by attorneys general from several states and various tobacco companies, shall be deposited into the fund. The principal of the fund may not be expended. Interest earned on money in the fund shall be deposited into the tobacco settlement interest health trust fund.

     Section 2. The tobacco settlement interest health trust fund is established in the state treasury. Interest earned on money in the fund shall be credited to the fund. Money shall remain in the fund until appropriated by the Legislature. Money from the fund may only be appropriated for purposes related to improving health care for South Dakotans.

     Section 3. There is hereby created the South Dakota tobacco settlement trust fund committee to review legislation and issues related to the tobacco settlement health trust fund and the tobacco settlement interest health trust fund and to make recommendations for the use of the interest health trust fund to the Legislature.

     Section 4. The tobacco settlement trust fund committee shall consist of three members of the majority party of the house of representatives, to be appointed by the majority leader of the house of representatives; two members of the minority party of the house of representatives, to be selected by the minority leader of the house of representatives; two members of the majority party of the senate, to be selected by the majority leader of the senate; and one member of the minority party of the senate, to be selected by the minority leader of the senate. The members of the tobacco settlement trust fund committee shall be appointed biennially for terms expiring on January first of each succeeding odd-numbered year and shall serve until their respective successors are appointed and qualified.

     Section 5. The tobacco settlement trust fund committee shall select a chair and a vice chair and shall be provided with staff assistance from the legislative research council staff. "