Tobacco Master Settlement Agreement

The Tobacco Master Settlement Agreement (MSA) was entered in November 1998, originally between the four largest United States tobacco companies (Philip Morris Inc., R. J. Reynolds, Brown & Williamson and Lorillard – the original participating manufacturers) and the attorney generals of 46 states. The states settled their Medicaid lawsuits against the tobacco industry for recovery of their tobacco-related health-care costs, and also exempted the companies from private tort liability regarding harm caused by tobacco use. In exchange, the companies agreed to curtail or cease certain tobacco marketing practices, as well as to pay, in perpetuity, various annual payments to the states to compensate them for some of the medical costs of caring for persons with smoking-related illnesses. The money also funds a new anti-smoking advocacy group, called the American Legacy Foundation, that is responsible for such campaigns as The Truth. The settlement also dissolved the tobacco industry groups Tobacco Institute, the Center for Indoor Air Research, and the Council for Tobacco Research. In the MSA, the original participating manufacturers (OPM) agreed to pay a minimum of $206 billion over the first twenty-five years of the agreement.

Read more about Tobacco Master Settlement Agreement:  Summary of Terms, Contraband Statutes, Criticism of The MSA, Securitization, Individual State Settlements, See Also

Other articles related to "master":

Jason David Frank - Rising Sun Karate Accomplishments/Awards
... Rising Sun Karate Academy 2001 Centurion Club Award 2003 Master of the Year Award – World Karate Federation 2004 Master of the Year for Free-Style Martial Arts – USA Martial Arts 2005 Arnold ... of Fame Award – This award was given by Master Alan Goldberg in Atlantic City, New Jersey ...
Yuu Shimaka - Roles - Video Games
... The Bouncer (Master Mikado (Michael Forest)) Crash Bandicoot series (Papu Papu (Dwight Schultz)) Kingdom Hearts series (Goofy) Ratchet Clank Going ...
Urban Planning Education - Master of City Planning
... The Master of City Planning (MCP) or is a one- to two-year academic/professional Master's degree that qualifies graduates to work as urban planners ... Some schools offer the degree as a Master of Urban Planning (MUP), Master of Community Planning, Master of Regional Planning (MRP), Master of Town Planning (MTP), Master of Planning (MPlan), Master of ... Master of Urban and Regional Planning), depending on the program's specific focus ...
Albert II Of Belgium - Honours - Belgian Honours
... Grand Master of the Order of Leopold Grand Master of the Order of the African Star (dormant order) Grand Master of the Royal Order of the Lion (dormant order) Grand Master of the Order of the ...
Old Master Q
... Old Master Q (Chinese 老夫子 pinyin Lǎo Fū Zi) is a popular Chinese manhua created by Alfonso Wong ... the now well-known characters such as Old Master Q and Big Potato, as well as Mr Chin, Mr Chiu and Miss Chan, in many different hilarious situations ... In the context of the strips, Old Master Q, Big Potato and Mr ...

Famous quotes containing the words agreement, settlement, tobacco and/or master:

    Since the French Revolution Englishmen are all intermeasurable one by another, certainly a happy state of agreement to which I for one do not agree.
    William Blake (1757–1827)

    The Puritans, to keep the remembrance of their unity one with another, and of their peaceful compact with the Indians, named their forest settlement CONCORD.
    Ralph Waldo Emerson (1803–1882)

    You and I both know that Twinkies don’t kill people.... The difference between cigarettes and Twinkies ... is death. The tobacco industry should know: When it comes to Twinkies, I’d rather fight than quit.
    Henry Waxman (b. 1939)

    As master of the universe, need he fear a master?
    Pierre Corneille (1606–1684)