Debate and Issues Archive

draft settlement

New Mexico To Get Additional Settlement Money

New Mexico will receive an additional $85 million from the national tobacco settlement, bringing the state's total to $1.24 billion.

The money is for the state's victories in pretrial motions.

In April, New Mexico established a permanent fund for the tobacco settlement money the state will receive over the next 25 years.

Source: USA TODAY, (6/2/99) "New Mexico", p. A10
[Full Text here]