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House adopts model statute to protect Utah’s tobacco settlement funds
Summary
The House passed a second substitute to H.B.132, adopting the model non‑participating‑manufacturer escrow provisions intended to protect Utah’s share of the national tobacco settlement; supporters argued it is insurance against market‑share losses, 59–15.
SALT LAKE CITY — The House on March 1 approved a second substitute to H.B.132 that implements model language for nonparticipating tobacco manufacturers and escrow payments, a step sponsors said is necessary to protect Utah’s projected settlement revenue.
Representative Patrice Arendt introduced the measure and explained the model provisions require manufacturers that did not join the national settlement to either participate or make annual escrow deposits based on…
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