General Assembly Substitute Bill No. 5201, introduced in the February Session of 2024, proposes amendments to the use of funds in the Tobacco Settlement Fund. The bill specifically amends subsection (c) of section 4-28e of the general statutes, with changes to take effect from July 1, 2024. The bill stipulates that starting with the fiscal year ending June 30, 2025, annual disbursements from the Tobacco Settlement Fund will be adjusted. The amount allocated to the Tobacco and Health Trust Fund will be increased from twelve million dollars to twenty-two million seven hundred thousand dollars. The remainder of the funds will continue to be transferred to the General Fund.

The bill includes both insertions and deletions to the current law. The year "2023" has been deleted and replaced with "2025" to reflect the updated timeline for the changes. Additionally, the amount of money disbursed to the Tobacco and Health Trust Fund has been changed, with an insertion increasing the figure significantly. The act will amend section 4-28e(c) of the general statutes as indicated by the insertions and deletions. The Statement of Legislative Commissioners confirms the accuracy of the change in the year from "2023" to "2025".