Wisconsin To Receive $14M In Tobacco Settlement
The state of Wisconsin will receive a check for about $14 million from the 1998 tobacco settlement.
The latest chunk of money comes from a ruling by an arbitration panel. Wisconsin was one of 46 states that reached an agreement with the country’s four largest tobacco companies.
The deal settled dozens of state lawsuits for reimbursement for health care costs connected to smoking-related illnesses. An arbitration panel of former federal judges rules cigarette companies who weren’t part of the original settlement have to pay the 14 million to Wisconsin. They had withheld it based on arguments while saying Wisconsin hadn’t enforced the law connected to the payment.