News
October 23, 2020
MSA fund allocations and TSET funding overview
In 1998, Oklahoma and 45 other states sued Big Tobacco for the damage and death their products inflicted on Americans. As the case was scheduled to go to trial, Big Tobacco and the participating states reached a compromise known as the “Master Settlement Agreement.” As part of this settlement, Big Tobacco is required to make annual payments to participating states that will continue as long as cigarettes are sold nationally. Oklahoma receives its payment each April.