‘Tobacco securitization’ and what it would mean for Kansas

For some governments this will mean changes, for some it won t, he said. use existing entities that have additional responsibilities other than the tobacco revenue securitization and bond issuance.

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Tobacco securitization presentation from Citigroup. On January 1, 2017, the KHI News Service became part of KCUR public radio’s new initiative, the Kansas News Service.The Kansas News Service will continue to cover health policy news and broaden its scope to include education and politics.

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Selling bonds backed by the tobacco money would mean that some or all of it would go to investors in exchange for a large upfront payment. kansas currently uses the tobacco money to fund children.

*8.550. Tobacco securitization settlement trust fund established, source of fund moneys, uses – qualified tax-exempt expenditure account and taxable expenditure account authorized. – 1. A tobacco securitization settlement trust fund is established, separate and apart from all other public moneys or funds of the state, under the control of the authority.

The change would mean bigger cuts for the University of Kansas and kansas state university while reducing the cuts to. In terms of the tobacco settlement securitization, which would be for the 2018 and 2019 fiscal year budget proposals, Sullivan said that it would bring in between $480 million and $775 million to the state.

"Tobacco bonds" are an important constituent group in high yield municipal bond portfolios, especially in some mutual funds or ETFs. Because of their complex structures, their behavior can be.

Follow By Bryan Lowry April 22, 2016 The Capitol is buzzing with the phrase "tobacco securitization" in the wake of the news that the state faces a $290 million budget hole. It’s one of Gov. Sam Brownback’s preferred ways to address the shortfall. But what the heck is that? And how would it affect the state?

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Mortgage News ‘Tobacco securitization’ and what it would mean for Kansas ‘Tobacco securitization’ and what it would mean for Kansas ‘Tobacco securitization’ and what it would mean for Kansas. by Craig Gordon / Thursday, 18 July 2019 / Published in Mortgage News. HousingWire News Podcast: Blend bridges the digital lending gap.

The Irving, Texas-based company said the liquidation would mean that most of its 18,500 employees would. It said a strike by members of the Bakery, Confectionery, Tobacco Workers and Grain Millers.