Connecticut, Fresh Out of Ideas, Looks to Securitizing Tobacco

Piazza, Johanna
July 2003
Bond Buyer;7/31/2003, Vol. 345 Issue 31689, p1
Trade Publication
Reports on the plan of Connecticut lawmakers to securitize future payments from the 1998 Master Settlement Agreement with five tobacco companies to bolster the state's general fund. Reason provided by policy director for the government's budget office Juile Cammerata regarding the proposed securitization; Steps taken by other U.S. states to handle tobacco financing; Possible impact of tobacco securitization on the state.


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