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Tracking Virginia’s General Assembly
since 2007.

Search 2008 Bills:

HB3111: Tobacco Settlement Foundation Endowment; created.

Chief Patron

Del. Bill Janis (R-56)

Bill Janis (R-56)
Glen Allen, VA
Served: 2002–

Progress

Yes Introduced
Passed Committee
Yes Passed House
Yes Passed Senate
Yes Signed by Governor
Yes Became Law

Status

03/13/2007: signed by governor

View Entire History

Summary

Tobacco Settlement Foundation; securitization of payments. Authorizes the Governor to sell up to 10 percent of the revenues derived from the Master Settlement Agreement. Proceeds from the sale shall be deposited into the Tobacco Settlement Foundation Endowment.

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