Created by potrace 1.14, written by Peter Selinger 2001-2017

Tobacco Master Settlement Agreement States

  • The MSA sets specific amounts agreed by the OPMs to pay the regulatory states each year. These annual amounts are subject to a number of adjustments. The OPMs each pay a part of the total amount of the annual payment corresponding to the « relative market share » of each OPM for the previous year. [18] [20] We calculated the aggregate market returns of tobacco companies and various indices from January 1990 to December 2002 on the basis of an initial investment of $100 and alternately in 1999-2002. We have established a comparative index based on the returns of the other sector in which cigarette companies participated, a market capitalization-weighted sector return, which is used by all companies listed in the Standard Industrial Classification (SIC) code for that sector. As a result of these two concerns, OPMs and housing states tried to encourage these other tobacco companies to join the agreement. The 1998 Master Settlement Agreement between major tobacco companies, 46 U.S. states, the District of Columbia and five U.S. states changed tobacco control. The American Lung Association knows first-hand the value of MSA funds, having funded and implemented programs and services that benefit millions of Americans. The American Lung Association`s Lung HelpLine and Tobacco QuitLine have been funded in part by MSA funds and offer free, on-demand smoking cessation assistance by tobacco treatment specialists and registered nurses who have successfully helped hundreds of thousands of smokers quit smoking.