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Headlines Tagged with Settlements 14,351 headlines found

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[Louisiana] Bill filed to sell tobacco settlement money

Legislation was filed Friday that will allow the Tobacco Settlement Financing Corp. to issue bonds for 40 percent of the state's tobacco settlement revenue, generating $30 million to $60 million per year for TOPS through 2023 and $150 million for coastal
Monroe (LA) News-Star
added Apr 5, 2015 13:08
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[Louisiana] Treasurer Kennedy says Jindal's tobacco scheme is no April's Fool Joke

"We're about to plunder our last savings account by selling the remaining portion of the tobacco settlement and spending the money. Even worse, we're going to ignore state law and steer millions of dollars in fees to a group of people handpicked by the D
Bayou Buzz
added Apr 1, 2015 19:25
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[Nevada] JOYCE: Transparency on hiring outside counsel can boost economy

since the tobacco settlement, many state attorneys general, including Nevada's, have hired outside contingency-fee lawyers that not-so-coincidentally also happened to be campaign contributors. Current Louisiana Attorney General "Buddy" Caldwell is so braz
Reno (NV) Gazette-Journal
added Apr 1, 2015 19:25
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[Virginia] Tobacco Commission likely to pursue restitution after authority's misuse of funds

The Virginia Tobacco Commission likely will seek restitution of grant funds involved in the fraudulent billing case against a Southwest Virginia utility provider executive, the commission’s chairman said.
Roanoke (VA) Times & World News
added Apr 1, 2015 19:05
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[Louisiana] Political Horizons: Need cash now? La. looks at selling tobacco settlement

Interactions between Nichols and Kennedy, regardless of the venue, feature steely politeness and deftly aimed verbal daggers. The Tobacco Settlement board meeting did not disappoint.... “You dangle $700 million in front of the Louisiana Legislature now, a
Baton Rouge (LA) Advocate
added Mar 22, 2015 10:21
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[Rhode Island] RI Issues $620M In Tobacco Bonds After Oppenheimer Row ($$)

Rhode Island issued $620 million in tobacco bonds on Thursday, netting an immediate $36 million payment and following through on a much-anticipated issuance after successfully beating back OppenheimerFunds Inc.’s lawsuit seeking to block the issuance.
Law360
added Mar 20, 2015 13:13
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[Louisiana] Kink in plan to sell tobacco settlement

Lt. Gov. Jay Dardenne on Thursday threw a crimp into the Jindal administration’s plan to sell the remaining portion of the tobacco settlement monies by recalling that the state’s voters nine years ago overwhelmingly approved a constitutional amendment th
Baton Rouge (LA) Advocate
added Mar 20, 2015 13:06
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[Florida] LETTER: Don't fall for Big Tobacco's ploy

trying to buy its way out of this accountability "problem" by paying 100 lobbyists to pass a bill that would result in Big Tobacco being treated differently....That AIF would support a Big Tobacco bailout without ever mentioning Big Tobacco really says it
Tampa Bay (FL) Times
added Mar 19, 2015 20:33
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state constitution directs how some of the money from tobacco settlement would be used if sold - Louisiana Politics

Lt Gov Jay Dardenne says the Jindal administration needs to remember that if it sells the remainder of the tobacco settlement, the state constitution requires 20 percent goes to coastal restoration. Dardenne said he had heard no mention of the constitut
Baton Rouge (LA) Advocate
added Mar 19, 2015 20:30
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Louisiana should sell tobacco settlement for upfront cash, Gov. Bobby Jindal says

administration is moving ahead with a plan to sell the state's remaining share of a massive tobacco settlement, despite criticism the move would waste a valuable asset for a quick fix to budget problems
AP - Associated Press
added Mar 18, 2015 16:21
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