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Headlines Tagged with Settlements 14,513 headlines found

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Citigroup briefed Kansas officials on selling tobacco settlement payments in October

Citigroup boasted to Kansas officials of its expertise in tobacco securitization, documents show, as child advocates charge Gov. Sam Brownback’s administration is pursuing a sale of future tobacco settlement payments to help close the budget deficit.
Topeka (KS) Capital-Journal
added Mar 11, 2016 23:02
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[Kansas] Legislators consider robbing from children's fund to balance budget

Cotsoradis claimed a plan was in the works to sell future tobacco settlement payments, worth about $600 million, for $400 million, which would go directly into the state’s general fund. The proceeds from the multi-state lawsuit against tobacco companies
Hutchinson (KS) News
added Mar 11, 2016 16:17
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[Kansas] AUDIO: Children’s Lobbyist Says Brownback Looking To Cash In Tobacco Settlement

Shannon Cotsoradis, the president of Kansas Action for Children, says she has reason to believe that Gov. Sam Brownback wants to securitize a settlement reached decades... The state receives more than $50 million a year from that settlement, which it uses
KMUW 89.1 Wichita (KS) Public Radio
added Mar 9, 2016 19:01
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Vector Group Reports Updated Fourth Quarter and Full-Year 2015

The changes in the Company’s Tobacco segment’s operations primarily resulted from an updated calculation of the Company’s 2015 MSA liability, which occurred after the initial receipt of a preliminary calculation from the MSA’s Independent Auditor. Additi
Business Wire
added Mar 8, 2016 22:23
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[Kansas] Budget Problems Could Prompt Sale Of Tobacco Settlement, Lobbyist Says

The settlement currently provides about $50 million a year for early education and other children’s programs. But Shannon Cotsoradis, the president of Kansas Action for Children, says lawmakers are talking about trading those annual payments for $400 mi
KMUW 89.1 Wichita (KS) Public Radio
added Mar 8, 2016 22:00
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Online Electronic Cigarette Marketing—Violation of Self-regulated Standards by Tobacco Companies

We do not yet know whether age-verification gates on entry to leading electronic cigarette (e-cigarette) brand websites are equally stringent. In this article, we address this gap by characterizing these age-verification gates. If gates are weak, adolesce
JAMA Pediatrics (Archives of Pediatrics and Adolescent Medicine)
added Mar 8, 2016 04:28
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[Missouri] Lawmakers discuss repealing allocable share release

pay into a state fund - called the 'allocable share fund,' even though they were not involved in the lawsuit. Right now, those smaller companies get most of the money the pay into the fund, nearly 97% of it, back at the end of the year, because of somethi
KYTV KY3 (Springfield, MO)
added Mar 7, 2016 07:36
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Buying Cigarettes With Gas Money Keeps Tobacco-Bond Rally Aflame

Tobacco securities, which are repaid from legal-settlement money that states and localities receive from cigarette companies, have been a top-performer over the past two years. That’s because -- for the first time in a decade -- Americans aren’t giving u
Bloomberg News
added Mar 4, 2016 17:04
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New Kansas Tribal Cigarette-tax Compacts to be Submitted to Legislature

Kansas has negotiated agreements with two resident tribes to improve accounting for cigarettes and tobacco products sold on tribal lands.
Kansas City infoZine
added Mar 3, 2016 12:23
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[Kansas] Kan., 2 Tribes Hammer Out Cigarette-Tax Compacts ($$)

Kansas has negotiated new cigarette tax agreements with the Iowa Tribe of Kansas and Nebraska and the Prairie Band Potawatomi Nation intended to improve accounting for cigarettes and tobacco products sold on tribal lands, state officials announced Tuesday
Law360
added Mar 3, 2016 12:20
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