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Diane Publishing Books
Tobacco Settlement: Statesí Allocations of Fiscal Year 2005 and Expected Fiscal Year 2006 Payments
Robert A. Robinson (au)
In the 1990s, states sued tobacco companies (TC) to obtain reimbursement for health impairments caused by the publicís use of tobacco. In 1998, 4 of the nationís largest TC signed a Master Settlement Agreement (MSA) to make annual pay. to 46 states in perpetuity as reimbursement for past tobacco-related health care costs. Some states have arranged to receive advance proceeds based on the amounts that TC owe by issuing bonds backed by future pay. This is a report, through FY 2006, on how states use MSA pay. made by TC. All 46 states surveyed provided info. on: the pay. the 46 states received in FY 2005 & expect to receive in FY 2006; & statesí allocations of these funds to various program categories & changes from prior years. Charts & tables.
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