HAWAII RECEIVES IN EXCESS OF $84 MILLION FROM TOBACCO COMPANIESPosted on Apr 19, 2018 in Latest News
HONOLULU – Attorney General Russell Suzuki today announced that the State of Hawaii has received $84,749,797.79 as part of its arbitration settlement with the Tobacco Industry. The settlement resolves an ongoing dispute between the tobacco companies and Hawaii, relating to compliance with the Tobacco Master Settlement Agreement (MSA) from 2004 – 2017.
The Attorney General reported earlier that the State expected to receive approximately $54 million. This amount only represented what the State negotiated for the funds that were withheld from Hawaii during the disputed years. The current payment of $84,749,797.79 not only includes the approximately $54 million, but also Hawaii’s annual disbursement pursuant to the MSA.
Please see Attorney General News Release 2018-26 for further information.
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For more information, contact:
James W. Walther
Special Assistant to the Attorney General