SIEBEN. (FEIGENHOLTZ-FRITCHEY-MITCHELL,BILL-RIGHTER-GASH) New Act Creates the Tobacco Product Manufacturer's Escrow Act. Provides that any tobacco product manufacturer (as defined in the Master Settlement Agreement entered into by the State of Illinois and leading tobacco product manufacturers) selling cigarettes to consumers within the State of Illinois on and after the effective date of this Act shall become a "participating manufacturer" and perform its financial obligations under the Master Settlement Agreement or place certain designated sums into a qualified escrow account to be used under the Settlement Agreement. The funds in the escrow account shall be used to pay a judgment or settlement on any released claim brought against the tobacco product manufacturer by the State or any releasing party located or residing in the State. Provides for fines for failure to pay into or maintain the funds in the account which shall be paid into the Tobacco Settlement Recovery Fund. Effective immediately. SENATE AMENDMENT NO. 1. Makes changes in terminology, punctuation, and grammar. Provides that the fines paid by tobacco product manufacturers electing to place funds into escrow who are found to have violated or knowingly violated this requirement shall be paid into the General Revenue Fund rather than the Tobacco Settlement Recovery Fund. HOUSE AMENDMENT NO. 1. In provisions defining "qualified escrow fund" as a fund which prohibits the tobacco product manufacturer placing the funds into escrow from using, accessing, or directing the use of the funds' principal except as consistent with 2 other provisions of the Act, deletes reference to one of the provisions. Makes other changes. 99-02-26 S FIRST READING 99-02-26 S REFERRED TO SENATE RULES COMMITTEE RULES 99-03-03 S ASSIGNED TO COMMITTEE EXECUTIVE 99-03-11 S DO PASS 012-000-000 SEXC 99-03-11 S PLACED ON CALENDAR ORDER OF 2ND READING 99-03-16 99-03-23 S FILED WITH SECRETARY 99-03-23 S AMENDMENT NO. 01-SIEBEN 99-03-23 S AMENDMENT REFERRED TO SRUL 99-03-23 S AMENDMENT NO. 01-SIEBEN 99-03-23 S RULES REFERS TO SEXC 99-03-24 S SECOND READING 99-03-24 S PLACED ON CALENDAR ORDER OF 3RD READING 99-03-25 99-03-24 S AMENDMENT NO. 01-SIEBEN 99-03-24 S BE ADOPTED SEXC/012-000-000 99-03-24 S RECALLED TO SECOND READING 99-03-24 S AMENDMENT NO. 01-SIEBEN 99-03-24 S ADOPTED 99-03-24 S PLACED ON CALENDAR ORDER OF 3RD READING 99-03-25 99-03-25 S THIRD READING - PASSED 058-000-000 99-03-26 H ARRIVE IN HOUSE 99-03-26 H HOUSE SPONSOR FEIGENHOLTZ 99-03-26 H FIRST READING 99-03-26 H REFERRED TO HOUSE RULES COMMITTEE RULES 99-04-14 H ASSIGNED TO COMMITTEE TOBACCO 99-04-15 H ADDED AS A JOINT SPONSOR FRITCHEY 99-04-20 H ADDED AS A JOINT SPONSOR MITCHELL,BILL 99-04-20 H ADDED AS A JOINT SPONSOR RIGHTER 99-04-28 H ADDED AS A JOINT SPONSOR GASH 99-04-29 H AMENDMENT NO. 01-TOBACCO H 99-04-29 H ADOPTED 99-04-29 H DO PASS AMENDED/SHORT DEBATE 026-000-000 HTSP 99-04-29 H PLACED CALENDAR 2ND READING-SHORT DEBATE 99-05-04 H SECOND READING-SHORT DEBATE 99-05-04 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 99-05-05 H THIRD READING/SHORT DEBATE/PASSED 117-000-000 99-05-06 S SECRETARYS DESK - CONCURRENCE 01 99-05-07 S FILED WITH SECRETARY 99-05-07 S MOTION TO CONCUR - HOUSE AMENDMENT NO 01/SIEBEN 99-05-07 S MOTION REFERRED TO SRUL 99-05-12 S MOTION TO CONCUR - HOUSE AMENDMENT NO 01/SIEBEN 99-05-12 S BE APPROVED FOR CONSIDERATION SRUL 99-05-17 S MOTION TO CONCUR - HOUSE AMENDMENT NO 01/SIEBEN 99-05-17 S SEN CONCURS IN HSE AMENDMENTS (NO.) 01/056-000-000 99-05-17 S PASSED BOTH HOUSES 99-06-15 S SENT TO THE GOVERNOR 99-06-30 S GOVERNOR APPROVED 99-06-30 S EFFECTIVE DATE 99-06-30 99-06-30 S PUBLIC ACT.............................. 91-0041 END OF INQUIRY Full Text Bill Summary