Senate Sponsors: SULLIVAN. Short description: TOBACCO COMPANY-APPEAL BOND Synopsis of Bill as introduced: Amends the State Finance Act. In provisions concerning the Tobacco Settlement Recovery Fund, provides that in any civil litigation under any legal theory in which a judgment is entered against a signatory or a successor to a signatory of the Master Settlement Agreement, the appeal bond that the signatory or successor may be required to post to stay execution on the judgment during the time that an appeal or discretionary review of the judgment is pending shall be set in accordance with the law and the rules of the court, except that in no case may the amount of the appeal bond exceed $25,000,000, regardless of the total amount of the judgment. Authorizes a court order to prevent an appellant's dissipation or diversion of assets. Provides that these changes apply to any action pending on or after the effective date of this amendatory Act. Effective immediately. Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status