Tobacco Master Settlement Agreement: BackgroundTobacco Master Settlement Agreement • November 27th, 2012
Contract Type FiledNovember 27th, 2012In 1998, 46 states and the “Big 4” tobacco companies entered into a $221 billion settlement to compensate states for past and future smoking-caused expenditures. The intent was clear: Prevent and reduce tobacco use, especially among children, and lessen the financial toll of tobacco on states.i