Mo. AG Urges Changes to Tobacco Escrow Law

6 years 3 months 3 weeks ago Thursday, February 02 2012 Feb 2, 2012 Thursday, February 02, 2012 6:12:00 AM CST February 02, 2012 in News
By: Associated Press

JEFFERSON CITY, Mo. (AP) - Missouri Attorney General Chris Koster is renewing a call for lawmakers to change a state law related to a 1998 settlement with big tobacco companies. Missouri has received $1.8 billion from tobacco settlement payments since 2001. But Koster says the state's payments could be at risk because Missouri is the only one of the 46 states that joined the settlement to have left open what he calls a "loophole." At issue are state laws that require companies not participating in the settlement to pay money into escrow funds based on the amount of cigarettes they sell. The escrow accounts are intended to cover any future lawsuits. But Koster says Missouri's law contains a loophole that allows much of the escrow money to be refunded to the tobacco companies.

More News

Grid
List
COLUMBIA - On Thursday, the Columbia Airport Advisory Board announced the TSA approved a security screening lane to open by... More >>
4 hours ago Thursday, May 24 2018 May 24, 2018 Thursday, May 24, 2018 11:41:00 PM CDT May 24, 2018 in News
COLUMBIA- May is known for Mother’s day, Memorial Day and in Missouri, the start of tick season. “May, June... More >>
7 hours ago Thursday, May 24 2018 May 24, 2018 Thursday, May 24, 2018 8:21:00 PM CDT May 24, 2018 in News
COLUMBIA – The Columbia City Council discussed a recent engineering study today centering on increasing traffic flow east of Columbia.... More >>
8 hours ago Thursday, May 24 2018 May 24, 2018 Thursday, May 24, 2018 7:11:00 PM CDT May 24, 2018 in News
HOLTS SUMMIT - After two months without a police department, New Bloomfield finally has one thanks to the city of... More >>
9 hours ago Thursday, May 24 2018 May 24, 2018 Thursday, May 24, 2018 5:50:00 PM CDT May 24, 2018 in News
COLUMBIA - The University of Missouri has agreed to pay $50,000 to settle a lawsuit filed after Athletic Director Jim... More >>
10 hours ago Thursday, May 24 2018 May 24, 2018 Thursday, May 24, 2018 4:54:00 PM CDT May 24, 2018 in Sports
MONROE CITY - Some people diagnosed with Parkinson’s Disease fight back, as did Michael Crager, the founder of Rock Steady... More >>
11 hours ago Thursday, May 24 2018 May 24, 2018 Thursday, May 24, 2018 4:18:00 PM CDT May 24, 2018 in News
JEFFERSON CITY – The U.S. Department of Health and Senior Services made changes to a family planning program, which the... More >>
11 hours ago Thursday, May 24 2018 May 24, 2018 Thursday, May 24, 2018 3:56:00 PM CDT May 24, 2018 in News
JEFFERSON CITY - In sometimes heated testimony, members of a Special House Investigative Committee looking into the Eric Greitens... More >>
11 hours ago Thursday, May 24 2018 May 24, 2018 Thursday, May 24, 2018 3:54:00 PM CDT May 24, 2018 in News
JEFFERSON CITY - A report on a statewide rape kit audit shows that there are at least 4,889 untested sexual... More >>
12 hours ago Thursday, May 24 2018 May 24, 2018 Thursday, May 24, 2018 3:23:00 PM CDT May 24, 2018 in News
JEFFERSON CITY - With the holiday weekend approaching, Mothers Against Drunk Driving (MADD) and Save Our Air Medical Resources (SOAR)... More >>
14 hours ago Thursday, May 24 2018 May 24, 2018 Thursday, May 24, 2018 1:28:00 PM CDT May 24, 2018 in News
COLUMBIA – More than 36 million drivers will hit the road during Memorial Day Weekend, according to AAA. Just... More >>
15 hours ago Thursday, May 24 2018 May 24, 2018 Thursday, May 24, 2018 12:20:00 PM CDT May 24, 2018 in News
JEFFERSON CITY - A statewide program bringing together prisoners and puppies is celebrating a major milestone. A four-month-old redbone... More >>
17 hours ago Thursday, May 24 2018 May 24, 2018 Thursday, May 24, 2018 10:15:00 AM CDT May 24, 2018 in News
WASHINGTON (AP) — President Donald Trump says he thinks Kim Jong Un wants to do "what's right" but says it's... More >>
17 hours ago Thursday, May 24 2018 May 24, 2018 Thursday, May 24, 2018 10:09:00 AM CDT May 24, 2018 in News
RANDOLPH COUNTY - A Huntsville man pleaded guilty to murder on Tuesday and received a life sentence with no chance... More >>
19 hours ago Thursday, May 24 2018 May 24, 2018 Thursday, May 24, 2018 8:37:00 AM CDT May 24, 2018 in News
BUNNIK, Netherlands (AP) — An international team of investigators said Thursday that detailed analysis of video images and photos... More >>
21 hours ago Thursday, May 24 2018 May 24, 2018 Thursday, May 24, 2018 5:58:00 AM CDT May 24, 2018 in News
JEFFERSON CITY - Potentially more than one thousand Missourians could lose their hunting, fishing and trapping licenses after a Department... More >>
1 day ago Thursday, May 24 2018 May 24, 2018 Thursday, May 24, 2018 2:27:00 AM CDT May 24, 2018 in News
NEW YORK (AP) — A federal judge ruled Wednesday that President Donald Trump is violating the First Amendment when he... More >>
1 day ago Wednesday, May 23 2018 May 23, 2018 Wednesday, May 23, 2018 7:10:00 PM CDT May 23, 2018 in Continuous News
ST. LOUIS (AP) — A federal district court in St. Louis has ruled that the Missouri prison system must... More >>
1 day ago Wednesday, May 23 2018 May 23, 2018 Wednesday, May 23, 2018 5:48:22 PM CDT May 23, 2018 in News
Columbia, MO
Broken Clouds 70°
4am 70°
5am 70°
6am 69°
7am 70°