§ 2303. Tobacco Settlement Endowment Trust Fund--Monies consisting principal
Oklahoma Statutes AnnotatedTitle 62. Public Finance
62 Okl.St.Ann. § 2303
§ 2303. Tobacco Settlement Endowment Trust Fund--Monies consisting principal
A. Section 40 of Article X of the Oklahoma Constitution created a trust fund to be known as the “Tobacco Settlement Endowment Trust Fund”. The trust fund principal shall consist of the portion of monies which are received by the State of Oklahoma on or after July 1, 2001, pursuant to any settlement with or judgment against any tobacco company or companies as provided by subsection B of this section, the Fifty Million Dollars ($50,000,000.00) transferred to the Tobacco Settlement Endowment Trust Fund pursuant to Section 29, Chapter 8, 1st Extraordinary Session, O.S.L. 2000, and any other monies that may be appropriated or otherwise directed to the trust fund by the Legislature.
Credits
Laws 2001, c. 274, § 3, emerg. eff. May 31, 2001.
62 Okl. St. Ann. § 2303, OK ST T. 62 § 2303
Current with emergency effective legislation through Chapter 3 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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