Section 1712-A.1. Establishment of special fund and account.
(a) Tobacco Settlement Fund.--
(1) There is established a special fund known as the Tobacco Settlement Fund.
(2) The following shall be deposited into the Tobacco Settlement Fund:
(i) Except for deposits in the Tobacco Revenue Bond Debt Service Account under section 2805(b) of the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, all payments received by the Commonwealth pursuant to the Master Settlement Agreement shall be deposited by the Treasury Department in the fund.
(ii) For fiscal years 2019-2020, 2020-2021, 2021-2022, 2022-2023, 2023-2024, 2024-2025, 2025-2026 and 2026-2027, an amount equal to the annual debt service due in the fiscal year as certified by the Secretary of the Budget pursuant to section 2804 of the Tax Reform Code of 1971, as published in the Pennsylvania Bulletin on March 3, 2018, at 48 Pa.B. 1406, shall be transferred to the fund from the taxes collected under Article XII of the Tax Reform Code of 1971 by April 30 following the beginning of the fiscal year. A deposit under this paragraph shall occur prior to the deposits and transfers under section 1296 of the Tax Reform Code of 1971. ((ii) amended July 12, 2026, P.L.265, No.21)
((a) amended June 28, 2019, P.L.173, No.20)
(b) Health Account.--There is established within the fund the Health Endowment Account for Long-Term Hope.
(c) Health Venture Investment Account.--There is established within the fund the Health Venture Investment Account.
(1712-A.1 added July 18, 2013, P.L.574, No.71)