Oregon Department of Justice

Oregon Department of Justice - Attorney General John Kroger

Oregon DOJ Home | Media | Current Releases | 1999 | December 30, 1999 Media Release

Next Payment by Tobacco Industry to be Received December 31, 1999

December 30, 1999

Attorney General Hardy Myers today announced that Oregon will receive the tobacco industry's next payment of $24,681,996.31 earlier than required by the Master Settlement Agreement. The payment, originally scheduled for January 2000, will be paid to Oregon on December 31, 1999.

The approximately $24 million will be transferred from escrow tomorrow and deposited in the account at Treasury designated for this purpose. It will then be transferred to the state's General Fund.

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Contact: Kristen Grainger, (503) 378-6002 |

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Next Payment by Tobacco Industry to be Received December 31, 1999

December 30, 1999

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