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House concurs with Senate on tobacco-fund transfer to help balance state budget
Summary
House concurred with Senate amendments to third substitute House Bill 72, moving $5,500,000 from the permanent state trust fund to the general fund for FY02/2003 and authorizing related allocations; sponsor warned the measure requires a 75% supermajority and the governor's signature.
The Utah House agreed to Senate amendments to the third substitute of House Bill 72, a measure that reallocates tobacco‑settlement and trust funds to help the state’s budget for fiscal year 2002–2003.
Representative Dee Hogue, speaking for the bill, described the changes in the substitute: certain percentage lines were altered to 80 percent and other adjustments shifted funds so that ‘‘it takes $5,500,000 for…
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