News & Record
In 2001, the General Assembly created the N.C. Health and Wellness Trust Fund Commission and charged it with establishing a comprehensive plan for reducing teen tobacco use. The money came with the territory: By law, the health trust fund receives 25 percent of North Carolina’s share of the 1998 Tobacco Master Settlement Agreement. The total settlement amount: $4.6 billion, to be paid over 25 years. (more…)
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