SS SB 58, 2015 (Repealed Section - as Truly Agreed)
[8.597. 1. There is established a joint committee
of the general assembly to be known as the "Advisory Committee
on Tobacco Securitization", to be comprised of five members
of the senate and five members of the house of representatives.
Three of the senate members shall be appointed by the president
pro tem of the senate and two by the senate minority leader.
Three of the house members shall be appointed by the speaker
of the house and two by the house minority leader. The appointment
of each member shall continue during his or her term of
office as a member of the general assembly or until a successor
has been duly appointed to fill his or her place when his
or her term of office as a member of the general assembly
2. The committee shall study and recommend who the financial advisors, investment bankers, and other professional advisors shall be for the authority, and shall make a written report to the authority within sixty days of passage of the bill. The committee shall also study and provide a written report by December thirty-first of each year to the authority detailing suggested allowable projects and payments for which money from the tobacco settlement securitization settlement trust fund may be used in the next appropriation cycle.]