Ky. settles 10 years of disputed claims over tobacco - WDRB 41 Louisville News

Ky. settles 10 years of disputed claims over tobacco

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LOUISVILLE, Ky. (WDRB) -- A decade of legal fights is over in Kentucky.

Ky. Gov. Steve Beshear and Atty. Gen. Jack Conway have settled 10 years of disputed claims and litigation over the 1998 tobacco Master Settlement Agreement between states and tobacco companies. Under the deal, Kentucky receives more than $110 million in payments used to fund farmers, health care and early childhood services.

"This settlement will allow us to restore cuts required in the current budget when our 2014 payment was lower than expected," Beshear said. "And it will make it more probable that the programs in the upcoming two years will be fully funded."

Conway says the deal ends costly litigation and the possible loss of the entire payment.

Kentucky joins 22 others states that have elected to settle.

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