_________________ moved that HB 1094 be amended as follows:
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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.
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