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Attorney General Dana Nessel has announced the state has received it’s annual $278 Million payment, from a settled lawsuit from 1998 with major tobacco companies, after dozens of states sued them for decades of deceitful advertising and marketing.
Nessel sent a letter to the legislature and Governor Whitmer letting them know the Michigan Department of Treasury had received the payment from the Tobacco Master Settlement Agreement.
Michigan, with 46 other states sued big tobacco back in 1995, and were brought into the Master Settlement Agreement in 1998.
As a result of the agreement, states dropped their lawsuit, and tobacco companies agreed to pay annual settlement payments and fund public education about the dangers of tobacco use and adhere to restrictions on advertising and marketing.
Since the MSA was adopted, Michigan has received over $5.9 Billion.
