Thursday March 11, 2010
Search
About
Salem Area Chamber of Commerce
Keizer is a thriving community near Salem, Oregon

Zip Weather


Weather Forecast
Feb-27-2009 10:23printcomments

Oregon Receives $6.2 From Tobacco Companies

The historic multi-billion dollar tobacco settlement compensates states for the cost of treating tobacco-related diseases.

Man with money in suit
Courtesy: tobaccofreeonondaga.org

(SALEM, Ore.) - Attorney General John Kroger announced today that Oregon has received $6.2 million in disputed tobacco payments that are part of a master settlement between cigarette-makers and the states.

“This payment comes at a critical time, with the state facing a massive budget crisis. These funds will help pay for essential services to help people in need” Kroger said.

The 1998 master settlement requires tobacco companies to make annual payments to the 46 participating states. Oregon receives between $160 and $180 million per biennium. There has been an ongoing dispute over whether tobacco companies are entitled to reduce their payments because of lost market share to companies that are not part of the settlement. The companies this week released more than $540 million of the disputed payments to the states.

The historic multi-billion dollar tobacco settlement compensates states for the cost of treating tobacco-related diseases. The settlement also places restrictions on tobacco industry advertising and marketing and limits its ability to fight anti-tobacco legislation.

Attorney General John Kroger leads the Oregon Department of Justice. The Department's mission is to fight crime and fraud, improve child welfare, and protect the rights of all Oregonians.



Related
| | | |

Comments [Return to Top]
Leave a comment on this story.
Name:

Enter the text from the image to confirm you are human.(Cookies are required)


HTML tags and certain characters are removed - (numbers, letters only or post may be cut short.) certain words are banned to stop spammers. All comments and messages are approved by people and self promotional links or unacceptable comments are denied.

©2009 Salem-News.com. All opinions expressed in this article are those of the author and do not necessarily reflect those of Salem-News.com.
Articles for February 26, 2009 | Articles for February 27, 2009 | Articles for February 28, 2009
Raymo Mancini's new CD is available now!
Hear Raymo's Songs

Providing you with Network Support at the Speed of Business

Oregon Wine Country: Eola Hills Winery and Vineyards

Steele`s Karate
In Salem
Sign Up Now!

Pioneer Pacific College...better yourself
Start School NOW!

Adam's Rib Smokehouse
12th & State
Salem, Oregon