Montana Tobacco Settlement Trust Fund, Amendment C-35 (2000)
Official results via: The Montana Secretary of State
Text of measure
The language that appeared on the ballot:
- This proposal, submitted by the Legislature, would amend the Montana Constitution to dedicate not less than 40% of Montana's share of the settlement with major tobacco companies to a permanent trust fund. Ninety percent of the trust fund's benefits would be used for health care benefits, services or coverage and tobacco disease prevention. The remaining 10% would be deposited in the trust. The trust's principal could only be spent for these same programs if approved by a 2/3 vote of each house of the Legislature. The trust's interest and principal cannot be used to replace current funding for these programs.
- Montana's share of the nationwide settlement with the tobacco companies is expected to average $30 million annually for the next 25 years. Current law places settlement payments in the general fund. This initiative would reduce tobacco settlement funds going to the general fund by as much as $12 million annually.
- Montana 2000 Election Results - The Montana Secretary of State
- Montana 2000 Voter Information Pamphlet