Oklahoma County Commission to Vote on E-cigarette Settlement Agreement
According to Koco on October 12th, the County Commissioners in Oklahoma are set to hold a meeting to vote on several crucial issues, including reaching a multimillion-dollar settlement agreement with Achia (Achia), a manufacturer of e-cigarettes.
The settlement agreement was reached with Altria Group, the major tobacco producer responsible for e-cigarette product Juul. As part of the settlement, Altria will be paying over $230 million to government entities and school districts. Government entities are eligible to receive over $36 million, but the majority of the funds will be allocated to more than 1,500 school districts. The settlement agreement will allocate over $130 million in funding to the school districts.
Oklahoma County is set to vote in favor of the municipal portion of the proposed solution, which will receive slightly over $146,000 in compensation.
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