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Issue Briefs

Use of State Tobacco Revenue (2016)

Subjects
Liquor, Tobacco, & Marijuana
Fiscal Policy & Taxes
Published
04/20/2016

In FY 2014-15, the state received $286.0 million from tobacco-related sources. These include taxes on cigarettes and other tobacco products and payments from tobacco manufacturers as part of the Tobacco Master Settlement Agreement. This issue brief describes the sources and uses of this revenue.