Tobacco Master Settlement Agreement Payment Forecast (2016)
Subjects
Fiscal Policy & Taxes
Liquor, Tobacco, & Marijuana
State Revenue & Budget
Agency
Agency
Published
01/28/2016
Colorado receives annual payments from tobacco manufacturers as part of the Tobacco Master Settlement Agreement. In April 2015, the state received $88.1 million. This memorandum presents the distribution of the received payment from 2015 and forecasts payments and distributions through FY 2017-18. Most of this money will be used to fund health care programs across the state.