Iowa treasury receives annual tobacco settlement payment
Fri, 19 Apr 2013 11:53:41 GMT — Iowa's state treasury has received an annual payment from tobacco companies totaling more than $65 million. The payment is the result of a 1998 settlement agreement between tobacco companies and states over tobacco-related health care costs. According to a news release from the state attorney general, since 1999 Iowa has received nearly $889 million in payments from the settlement. Attorney General Tom Miller says it provides "significant ongoing payments to Iowa."