Surplus Tobacco Settlement Funds Spark Debate
KSAL Staff - April 26, 2013 10:44 am
Kansas’ share of tobacco settlement funds has come in higher than expected for the second year in a row, prompting a debate in Topeka over where the extra money should go.
Several tobacco companies agreed in 1998 to reimburse states for smoking-related costs over more than two decades, and Kansas law requires the money to be spent on early childhood programs.
Any money left over is supposed to go into the Kansas Endowment for Youth to help fund the programs when the settlement funds run out.
This year Kansas had budgeted $55.8 million from the settlement, but instead received a check for $60.2 million. Children’s advocates say the extra money should go into the endowment, but lawmakers say it’s needed elsewhere in tight economic times.
Associated Press information from: The Topeka Capital-Journal