Ok Treasurer's Office Asks for More Money to Manage Tobacco Fund

Summary

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Oklahoma's tobacco settlement trust fund has grown to $300 million, and the state treasurer's office needs more money to continue managing the fund, the treasurer's representative said Tuesday.

We're managing what is currently a $300 million fund, said James Wilbanks, director of revenue and fiscal policy for the treasurer's office. It's not something that just gets done by itself.

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Ok Treasurer's Office Asks for More Money to Manage Tobacco Fund

The trust fund was created by the voters in 2000 in order to specify how Oklahoma's share of the 1998 Master Settlement Agreement wi...

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