Arkansas Will Receive Nearly $61 Million From a Master Settlement Agreement With Tobacco Companies
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Arkansas Attorney General Leslie Rutledge announced Monday that money from the Master Settlement Agreement (MSA) with tobacco companies will be distributed, with Arkansas receiving nearly $61 million.
The multi-billion-dollar agreement was signed in 1998 by 46 states and numerous other jurisdictions to settle consumer protection lawsuits for the health and social costs incurred by Americans for smoking.
“Tobacco companies are paying into this settlement for engaging in bad business practices by misleading the public on the dangers of tobacco,” Rutledge said. “These funds will be used for healthcare research and other vital programs impacting Arkansas children and families.”