2001 REGULAR SESSION (71st)                                                                            A AB576 510

Amendment No. 510

 

Assembly Amendment to Assembly Bill No. 576                                                                (BDR 2‑1153)

Proposed by: Committee on Judiciary

Amendment Box:

Resolves Conflicts with: N/A

Amends:         Summary:               Title:              Preamble:             Joint Sponsorship:

 

ASSEMBLY ACTION              Initial and Date              |SENATE ACTION                        Initial and Date

       Adopted       Lost                                               |          Adopted       Lost                                           

Concurred In                     Not                                                        |Concurred In  Not                                 

       Receded        Not                                               |         Receded        Not                                           

 

     Amend sec. 2, page 1, line 21, by deleting:

“that exceeds $1,000,000 in value”.

     Amend sec. 2, page 2, line 1, after “appellant” by inserting:

“described in subsection 3”.

     Amend sec. 2, page 2, by deleting lines 3 through 7 and inserting:

“of the bond must not exceed $50,000,000.”.

     Amend sec. 2, page 2, after “3.” by inserting:

“The provisions of this section apply only to civil litigation involving a signatory or a successor in interest of a signatory of the Master Settlement Agreement, as the term is defined in NRS 370A.070.

     4.”.

     Amend the bill as a whole by adding a preamble, immediately preceding the enacting clause, to read as follows:

     “Whereas, The money paid to this state pursuant to the Master Settlement Agreement entered into between this state and tobacco product manufacturers contributes substantially to the funds available to this state to provide essential health services, education services and other human services; and

     Whereas, It is critical that the legislature take action to ensure that the money available for these services not be unnecessarily diverted by reason of unrelated civil actions against tobacco product manufacturers; and

     Whereas, The legislature may take steps to protect the interest of this state in revenue available pursuant to the Master Settlement Agreement without unduly burdening the interests of other claimants; now, therefore,”.

     Amend the title of the bill, second line, by deleting:

“the procedures for determining”.