Statute · California Health and Safety Code
Cal. Health & Safety Code § 104898.5 — TOBACCO SETTLEMENT FUND
Cal. Health & Safety Code § 104898.5
- Type
- Statute
- Source
- California Health and Safety Code
- Jurisdiction
- California
- Date
- 2003-08-11
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) Notwithstanding any other provision of law, there shall be transferred annually from the General Fund to the Tobacco Settlement Fund an amount, not to exceed one hundred million dollars ($100,000,000) out of funds not otherwise appropriated, as a loan to cover appropriations from the fund…
Citator
Cal. Health & Safety Code § 104898.5 — TOBACCO SETTLEMENT FUND is in force in the current edition of the Code, and nothing recorded condemns it.
(a) Notwithstanding any other provision of law, there shall be transferred annually from the General Fund to the Tobacco Settlement Fund an amount, not to exceed one hundred million dollars ($100,000,000) out of funds not otherwise appropriated, as a loan to cover appropriations from the fund when moneys from the Master Settlement Agreement have not been received by the state.
(b) This loan from the General Fund shall be repaid on or before June 30 of each year, without interest, from the funds received pursuant to the Master Settlement Agreement.