UNOFFICIAL COPY 25 RS BR 867
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AN ACT relating to investment in youth vaping prevention. 1
Be it enacted by the General Assembly of the Commonwealth of Kentucky: 2
ď˘SECTION 1. A NEW SECTION OF KRS CHAPTER 15 IS CREATED TO 3
READ AS FOLLOWS: 4
(1) There is hereby established in the State Treasury a trust and agency account to be 5
known as the vaping settlement trust fund. The fund shall be administered by the 6
Office of the Attorney General. 7
(2) The fund shall consist of all proceeds received by the Commonwealth on or after 8
July 1, 2025, excluding fees awarded to the Office of the Attorney General as 9
litigation or investigative costs, as a result of any settlement, judgment, or 10
bankruptcy proceeding against Juul Labs Inc., including but not limited to 11
Commonwealth of Kentucky, ex. rel. Daniel Cameron, Attorney General v. Juul 12
Labs, Inc., 22-CI-00942. 13
(3) Amounts deposited into the fund shall be: 14
(a) Used only by the Tobacco Prevention and Cessation Program of the 15
Department for Public Health to promote youth vaping prevention and 16
cessation efforts; and 17
(b) Distributed no less than annually. 18
(4) Notwithstanding KRS 45.229, fund amounts not expended at the close of a fiscal 19
year shall not lapse but shall be carried forward into the next fiscal year. 20