Oklahoma gets tobacco payment - NewsOn6.com - Tulsa, OK - News, Weather, Video and Sports - KOTV.com |

Oklahoma gets tobacco payment

Updated:
OKLAHOMA CITY (AP) _ The tobacco industry makes a $63-million payment to Oklahoma as part of the settlement agreement between states and the industry.

From Saturday's payment, more than $40 million was put into the state's Tobacco Settlement Endowment Trust Fund, bringing its balance to more than $240-million.

The rest of Saturday's payment -- more than $23-million was put into the state's general fund which can be spent by the Legislature.

Since 1998, Oklahoma has received more than $432-million from the tobacco industry settlement.
Powered by Frankly
News On 6
303 N. Boston Ave.
Tulsa, OK 74103
Newson6.com is proud to provide Oklahomans with timely and relevant news and information, sharing the stories, pictures and loves of Oklahomans across our great state.
All content © Copyright 2000 - 2017 KOTV. Oklahoma Traveler™ is a registered trademark of Griffin Communications. All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.