TITLE

Connecticut, Fresh Out of Ideas, Looks to Securitizing Tobacco

AUTHOR(S)
Piazza, Johanna
PUB. DATE
July 2003
SOURCE
Bond Buyer;7/31/2003, Vol. 345 Issue 31689, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
10449108

 

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