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Budget Summary FY2014

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Outside Section 168
Data Current as of:  9/11/2013

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Tobacco Settlement Transfer Payment Authorization

SECTION 168.   Notwithstanding section 1 of chapter 29D of the General Laws or any other general or special law to the contrary, all payments received by the commonwealth in fiscal year 2014 under the master settlement agreement in Commonwealth of Massachusetts v. Philip Morris, Inc. et al., Middlesex Superior Court, No. 95-7378, shall be deposited into the General Fund. Notwithstanding section 3 of said chapter 29D or any general or special law to the contrary, the comptroller shall transfer 100 per cent of the earnings generated in fiscal year 2014 from the Health Care Security Trust, as certified under paragraph (f) of said section 3 of said chapter 29D, to the General Fund.