Oklahoma lawmakers debate bonds backed by tobacco funds

Sanders, Lisa
May 1999
Bond Buyer;05/17/99, Vol. 328 Issue 30642, p3
Trade Publication
Discusses the outlook for a proposed legislation to use tobacco-settlement funds to back up $1 billion worth of bonds in Oklahoma. Senate pro tempore Stratton Taylor's comments about the proposal; Rationale behind the securitization of tobacco money; Terms of the proposal; Senate's estimated growth of securitized tobacco funds.


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