LITTLE ROCK, Ark. - Arkansas will receive over $50 million in tobacco settlement funds, according to Arkansas Attorney General Leslie Rutledge.
"It is critical for me to continue enforcing the terms of the MSA agreement with the various tobacco companies," said Attorney General Rutledge. "The money is used each year to conduct health care research, fund smoking cessation programs and improve the overall health of Arkansas residents. A large part of the money will also go to help fund the Arkansas Medicaid program, which is vital for some of our State's most vulnerable families and children."
The state will receive $50,523,025.47, which brings the total amount received since 2001 to fund health programs to $947,255,651.
The settlement is part of the 1998 Master Settlement Agreement with tobacco companies that 46 states agreed to.
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