Letter from Frankie Sue Del Papa (Attorney General, Carson City, Nev.) to Nevada Congressional representatives, May 24, 1999, regarding Nevada tobacco settlement update (2 pages)

FRANKIE SUE DEL PAPA Attorney General STATE OF NEVADA OFFICE OF THE ATTORNEY GENERAL 100 N. Carson Street Carson City, Nevada 89701-4717 Telephone (775) 684-1100 Fax (775) 684-1108 WEBSITE: http://www.state.nv.us/ag/ E-Mail: aginfo@govmail.state.nv.us THOMAS M. PATTON First Assistant Attorney General May 24, 1999 The Honorable Harry Reid United States Senator 528 Hart Senate Office Buiiding Washington, D.C. 20510 The Honorable Shelley Berkley United States Congresswoman 1505 Longworth House Office Building Washington, D.C. 20515 Re: Nevada Tobacco Settlement Update The Honorable Richard H. Bryan United States Senator 269 Russell Senate Office Building Washington, D.C. 20510 The Honorable Jim Gibbons United States Congressman 100 Cannon House Office Building Washington, D.C. 20515 This letter is intended to provide each of you with an update on current tobacco settlement issues. Attached you will find a copy of a press release disseminated from this office on May 24, 1999, regarding additional monies Nevada will receive from the tobacco settlement. Should you have any questions, please feel free to contact me at 684-1100, or Special Assistant Attorney General Anne Cathcart, at 684-1115. You may also access detailed information about the tobacco settlement via the Attorney General's website, http: / /www. state. nv. us/ag/ Best personal regards. Cordially, FRANKIE SUE DEL PAPA Attorney General Attach. c: \files\a\tobacco\toblet3. doc "Protecting Citizens, Solving Problems, Making Government Work" STATE OF NEVADA OFFICE OF THE ATTORNEY GENERAL 100 N. Carson Street Carson City, Nevada 89701-4717 Telephone (775) 687-4170 Fax (775) 687-5798 Website: http://www.state.nv.us/aq/ FRANKIE SUE DEL PAPA H y THOMAS M. PATTON Attorney General E-mail: aginfo@govmail.State.nv.US Assistant Attorney General FOR IMMEDIATE RELEASE CONTACT: Anne Cathcart May 24, 1999 (775) 684-1115 NEVADA TO RECEIVE ADDITIONAL $88 MILLION FROM TOBACCO SETTLEMENT Attorney General Frankie Sue Del Papa has received word from the National Association of Attorneys General (NAAG) that Nevada's share of the Strategic Contribution Fund money to be allocated to states under the Master Settlement Agreement will be $88,711,462.90. The sum will be payable over a nine-year period beginning in the year 2009, and ending in the year 2017. The Strategic Contribution Fund, which totals $8.6 billion, was intended to be allocated to states primarily on the basis of their involvement and participation in the national tobacco litigation settlement negotiations. "I believe Nevada did quite well based upon the variety of factors taken into account by the allocation committee," Del Papa said. "Our share was the equivalent of 1.0303306%." A total of 52 states and territories who were eligible for some portion of those funds." The percentages ranged from 5.7647432% for Washington, which played a substantial role at the national level and had taken its case to trial, to 0.1800232% for each of several territories. Among factors considered by the allocation committee were: when each state commenced litigation; the extent to which a state participated in national settlement negotiations; when a state signed on to the Master Settlement Agreement; the stage of each state's own tobacco litigation; participation in the Liggett Settlement and the June 20, 1997 accord; and the expenditure of a state's own resources in the above activities. "Protecting Citizens, Solving Problems, Making Government Work" IOI.JJS:C