This paper briefly describes the constitutionally-established fund into which 75 percent of the state’s tobacco settlement payments are deposited. Investment proceeds are partly used to fund tobacco use cessation efforts. The paper explores the sources of funding, its uses, and whether it can be put to alternative uses.
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Oklahoma’s Billion-Dollar Tobacco Settlement Endowment Trust
Author: Byron Sclomach
An encore reposting of the research from the 1889 Institute.
The 1889 Institute:
Oklahoma Policy Innovation Project.