TITLE

Oklahoma lawmakers debate bonds backed by tobacco funds

AUTHOR(S)
Sanders, Lisa
PUB. DATE
May 1999
SOURCE
Bond Buyer;05/17/99, Vol. 328 Issue 30642, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Discusses the outlook for a proposed legislation to use tobacco-settlement funds to back up $1 billion worth of bonds in Oklahoma. Senate pro tempore Stratton Taylor's comments about the proposal; Rationale behind the securitization of tobacco money; Terms of the proposal; Senate's estimated growth of securitized tobacco funds.
ACCESSION #
1879702

 

Related Articles

  • N.Y. Attorney General Vacco files $2.6 billion suit to recoup Medicaid/insurer costs from tobacco... Ammerman, Laurie // Insurance Advocate;2/1/97, Vol. 108 Issue 5, p19 

    Reports that a lawsuit seeking to recoup the $2.6 billion dollars spent annually to treat smoking-related illnesses, has been filed in the State Supreme Court of Manhattan, New York by Attorney General Dennis C. Vacco against tobacco giants Philip Morris, R.J. Reynolds, American Tobacco,...

  • Warning: Smoking may be hazardous to insurers' health. Jaffe, Alfred I. // National Underwriter / Property & Casualty Risk & Benefits Manag;5/2/94, Vol. 98 Issue 18, p25 

    Reports on the product liability suit against tobacco companies in the United States. Protection by the Surgeon General's warning; Tobacco industry's legal immunity; Transfer of liability claims to insurers.

  • Tobacco industry may achieve global settlement, but liability insurers should watch out for...  // Insurance Advocate;08/23/97, Vol. 108 Issue 33, p18 

    Enumerates reasons why liability insurers should anticipate and prepare for their involvement in tobacco-related coverage claims and litigation in the United States. Extensive scope of tobacco actions; Unprecedented amount of damage at stake; Large amount of associated legal exposures.

  • Tobacco insurer liability under debate. Lonkevich, Dan // National Underwriter / Property & Casualty Risk & Benefits Manag;05/26/97, Vol. 101 Issue 21, p2 

    Negotiates the tobacco litigation settlement in the United States. Reason for meeting with state attorneys in Washington; Agreement reached on main issue by parties; Information for agreement under discussion; Comments from an insurance analyst.

  • Medicaid fraud may sully tobacco case. Richey, Warren // Christian Science Monitor;8/25/97, Vol. 89 Issue 189, p4 

    Focuses on the trial in Florida which may force tobacco companies to pick up a multimillion dollar tab for fraud, waste and abuse in the Medicaid system there. Disparities in the estimates for fraud and abuse in the system; The claim from state lawyers that the settlement will cover only...

  • Allegheny County lawsuit could harm Pennsylvania's tobacco settlement. Hoffman, David // Bond Buyer;03/08/99, Vol. 327 Issue 30593, p3 

    Focuses on Pennsylvania Attorney General Mike Fisher's assessment of the possible impact of lawsuits filed by Allegheny County and others, on the state's share of a settlement with the tobacco industry. Background on separate appeals filed by the Allegheny County and the Coalition for a...

  • Tobacco deal is about kids, not lawyer fees or revenge. Novelli, William D. // Christian Science Monitor;7/24/97, Vol. 89 Issue 167, p19 

    Opinion. Discusses the agreement between the tobacco industry in the United States and the government, which is primarily designed to attack tobacco use among children. Percentage of adult smokers who started before they were 19; The importance of success in preventing children from smoking;...

  • Louisiana sells tobacco bonds.  // State Government News;Jan2002, Vol. 45 Issue 1, p8 

    Discusses the move of the Louisiana state government to sell its tobacco-settlement bonds. Uses of the proceedings of the bond sale; Reasons for the decision of state governments involved in the national tobacco settlement to sell their tobacco settlement bonds; Amount of the Louisiana tobacco...

  • Senate panel criticizes tobacco settlement terms. Hofmann, Mark A. // Business Insurance;07/21/97, Vol. 31 Issue 29, p1 

    Looks at the concerns being raised in connection with the $368.5 billion tobacco settlement. Reason concerns were raised on the issue; Details on the tobacco settlement; Examination of the issue by officials of President Bill Clinton's administration; Critics' views on the tobacco issue.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics